A.P. Moller-Maersk (AMKBY) to Release Earnings on Wednesday

Key Points

• A.P. Moller-Maersk is set to announce its earnings on August 6th, with expectations of $0.05 earnings per share and revenue of $12.34 billion for the quarter.
• The company recently reported a previous quarter's earnings of $0.37 per share, exceeding analyst estimates, with revenue of $13.32 billion.
• Analysts currently rate A.P. Moller-Maersk's stock as a consensus "Reduce", with ratings reflecting recent downgrades.

A.P. Moller-Maersk (OTCMKTS:AMKBY - Get Free Report) will likely be announcing its earnings results on Wednesday, August 6th. Analysts expect the company to announce earnings of $0.05 per share and revenue of $12.34 billion for the quarter.

A.P. Moller-Maersk (OTCMKTS:AMKBY - Get Free Report) last announced its quarterly earnings results on Thursday, May 8th. The transportation company reported $0.37 EPS for the quarter, beating the consensus estimate of $0.32 by $0.05. The firm had revenue of $13.32 billion for the quarter, compared to analyst estimates of $12.73 billion. A.P. Moller-Maersk had a return on equity of 12.56% and a net margin of 12.57%. On average, analysts expect A.P. Moller-Maersk to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

A.P. Moller-Maersk Stock Down 2.2%

Shares of A.P. Moller-Maersk stock traded down $0.22 during trading on Thursday, hitting $9.88. 87,789 shares of the stock traded hands, compared to its average volume of 108,529. The firm has a market cap of $31.28 billion, a P/E ratio of 4.37 and a beta of 1.07. The company has a current ratio of 2.14, a quick ratio of 2.05 and a debt-to-equity ratio of 0.07. A.P. Moller-Maersk has a 52-week low of $6.69 and a 52-week high of $10.85. The stock's fifty day simple moving average is $9.55 and its 200 day simple moving average is $8.75.

Analyst Upgrades and Downgrades

Several equities analysts have issued reports on AMKBY shares. Fearnley Fonds lowered A.P. Moller-Maersk from a "strong-buy" rating to a "strong sell" rating in a research note on Tuesday, April 22nd. Citigroup upgraded A.P. Moller-Maersk from a "strong sell" rating to a "hold" rating in a research note on Wednesday, April 16th. Four research analysts have rated the stock with a sell rating and two have assigned a hold rating to the company. Based on data from MarketBeat.com, the stock has an average rating of "Reduce".

A.P. Moller-Maersk Company Profile

A.P. Møller - Mærsk A/S, together with its subsidiaries, engages in the ocean transport and logistics business in Denmark and internationally. It operates through Ocean, Logistics & Services, Terminals, and Towage & Maritime Services segments. The Ocean segment is involved in container shipping activities, including demurrage and detention, terminal handling, documentation and container services, and container storage, as well as transshipment hubs.