DHL Group (OTCMKTS:DHLGY) Announces Quarterly Earnings Results, Beats Estimates By $0.46 EPS

DHL Group (OTCMKTS:DHLGY) announced its earnings results on Thursday. The company reported $0.95 EPS for the quarter, topping the consensus estimate of $0.49 by $0.46, Zacks reports. The firm had revenue of $25.46 billion for the quarter, compared to the consensus estimate of $24.62 billion. DHL Group had a net margin of 4.38% and a return on equity of 16.44%.

DHL Group Stock Performance

Shares of DHLGY traded down $1.57 during mid-day trading on Friday, hitting $32.01. The company’s stock had a trading volume of 60,019 shares, compared to its average volume of 422,667. The stock’s 50-day moving average is $32.24 and its two-hundred day moving average is $36.72. The firm has a market capitalization of $71.10 billion, a PE ratio of 11.20, a price-to-earnings-growth ratio of 1.58 and a beta of 1.21. The company has a debt-to-equity ratio of 1.04, a quick ratio of 0.98 and a current ratio of 1.03. DHL Group has a one year low of $24.07 and a one year high of $34.31.

Analyst Upgrades and Downgrades

A number of research firms have issued reports on DHLGY. Citigroup restated a “neutral” rating on shares of DHL Group in a report on Wednesday, October 21st. Zacks Research lowered DHL Group from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, August 25th. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of DHL Group in a research note on Tuesday, September 15th. Finally, Royal Bank Of Canada began coverage on DHL Group in a research report on Thursday, October 15th. They set a “moderate buy” rating for the company. One equities research analyst has rated the stock with a Strong Buy rating, three have given a Buy rating and six have given a Hold rating to the company. According to MarketBeat, the stock currently has an average rating of “Moderate Buy”.

DHL Group Company Profile

DHL Group, formerly Deutsche Post DHL Group, is a Germany-based logistics and postal services company headquartered in Bonn. It provides international express delivery, freight transportation, contract logistics, supply chain management, and e-commerce fulfillment services for businesses and consumers.

The company operates through several business divisions, including DHL Express, DHL Global Forwarding, Freight, DHL Supply Chain, DHL eCommerce, and the Post & Parcel Germany business.