Kuehne & Nagel International (KHNGY) Set to Announce Quarterly Earnings on Thursday

Kuehne & Nagel International (OTCMKTS:KHNGY) is projected to release its results before the market opens on Thursday, October 22nd. Analysts expect Kuehne & Nagel International to announce earnings of $0.58 per share and revenue of $7.70 billion for the quarter.

Kuehne & Nagel International (OTCMKTS:KHNGY) last released its quarterly earnings results on Thursday, July 23rd. The company reported $0.57 earnings per share for the quarter, beating the consensus estimate of $0.55 by $0.02. The firm had revenue of $8.22 billion for the quarter, compared to analysts’ expectations of $7.58 billion. Kuehne & Nagel International had a net margin of 3.57% and a return on equity of 39.21%. On average, analysts expect Kuehne & Nagel International to post $2.17 EPS for the current fiscal year and $2.23 EPS for the next fiscal year.

Kuehne & Nagel International Trading Down 0.6%

Shares of KHNGY stock opened at $55.68 on Tuesday. The firm has a 50 day moving average price of $53.53 and a two-hundred day moving average price of $49.82. The company has a quick ratio of 0.97, a current ratio of 0.97 and a debt-to-equity ratio of 0.42. The company has a market capitalization of $33.62 billion, a PE ratio of 30.44, a price-to-earnings-growth ratio of 3.48 and a beta of 0.73. Kuehne & Nagel International has a 12-month low of $36.80 and a 12-month high of $56.79.

Wall Street Analyst Weigh In

KHNGY has been the topic of several research reports. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating on shares of Kuehne & Nagel International in a research report on Tuesday, July 28th. Barclays reissued an “underweight” rating on shares of Kuehne & Nagel International in a report on Friday, July 24th. Royal Bank Of Canada started coverage on Kuehne & Nagel International in a research note on Thursday. They issued a “hold” rating for the company. Finally, Citigroup reaffirmed a “sell” rating on shares of Kuehne & Nagel International in a report on Friday, July 24th. Two analysts have rated the stock with a Buy rating, three have issued a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Hold”.

Kuehne & Nagel International Company Profile

Kuehne & Nagel International AG is a global logistics and supply chain management company headquartered in Schindellegi, Switzerland. The company provides transportation and logistics services for businesses across a range of industries, including technology, healthcare, aerospace, automotive, retail and consumer goods.

Its main activities include sea freight, air freight, road logistics and contract logistics. Kuehne+Nagel also offers customs brokerage, warehousing, distribution, supply chain planning and technology-enabled logistics solutions.