A.P. Moller-Maersk (AMKBY) Expected to Announce Quarterly Earnings on Thursday

Key Points

• A.P. Moller-Maersk will report quarterly results on May 7 before market open, with analysts forecasting earnings of $0.0127 per share and revenue of $12.3007 billion.
• The company missed EPS estimates last quarter, reporting $0.02 versus a $0.12 consensus while revenue came in at $13.33 billion, and analysts now expect about $0 EPS for the current fiscal year and -$1 EPS for the next.
• Analyst sentiment is largely negative—a MarketBeat consensus rating of "Reduce" driven by multiple downgrades—and the stock trades with a market cap of $36.37 billion and a PE ratio of 13.06 (52-week range $8.40–$14.32).

A.P. Moller-Maersk (OTCMKTS:AMKBY - Get Free Report) is anticipated to release its results before the market opens on Thursday, May 7th. Analysts expect A.P. Moller-Maersk to post earnings of $0.0127 per share and revenue of $12.3007 billion for the quarter.

A.P. Moller-Maersk (OTCMKTS:AMKBY - Get Free Report) last posted its earnings results on Thursday, February 5th. The transportation company reported $0.02 earnings per share for the quarter, missing analysts' consensus estimates of $0.12 by ($0.10). The company had revenue of $13.33 billion for the quarter, compared to the consensus estimate of $12.83 billion. A.P. Moller-Maersk had a return on equity of 4.87% and a net margin of 5.05%. On average, analysts expect A.P. Moller-Maersk to post $0 EPS for the current fiscal year and $-1 EPS for the next fiscal year.

A.P. Moller-Maersk Stock Performance

OTCMKTS AMKBY opened at $11.49 on Thursday. The firm's fifty day moving average price is $12.56 and its two-hundred day moving average price is $11.53. The stock has a market cap of $36.37 billion, a PE ratio of 13.06 and a beta of 0.82. A.P. Moller-Maersk has a fifty-two week low of $8.40 and a fifty-two week high of $14.32. The company has a debt-to-equity ratio of 0.08, a quick ratio of 2.02 and a current ratio of 2.12.

Analyst Ratings Changes

A number of research firms have weighed in on AMKBY. Citigroup reaffirmed a "neutral" rating on shares of A.P. Moller-Maersk in a research note on Monday, February 9th. Kepler Capital Markets raised shares of A.P. Moller-Maersk from a "reduce" rating to a "hold" rating in a research note on Friday, February 6th. Bank of America cut shares of A.P. Moller-Maersk from a "neutral" rating to an "underperform" rating in a research note on Friday, January 23rd. The Goldman Sachs Group downgraded shares of A.P. Moller-Maersk from a "hold" rating to a "sell" rating in a research report on Wednesday, January 14th. Finally, Wolfe Research reiterated an "underperform" rating on shares of A.P. Moller-Maersk in a research report on Thursday, January 8th. One research analyst has rated the stock with a Strong Buy rating, four have issued a Hold rating and seven have assigned a Sell rating to the company. Based on data from MarketBeat, the company has a consensus rating of "Reduce".

About A.P. Moller-Maersk

A.P. Moller-Maersk A/S is a Danish integrated transport and logistics company headquartered in Copenhagen. Operating under the Maersk brand worldwide, the group provides container shipping and end-to-end logistics services, combining ocean freight with land-based transportation, contract logistics, warehousing, and supply chain management for global shippers and manufacturers.

The company's core activities include container shipping operations, terminal services through APM Terminals, and a growing logistics and services business that offers freight forwarding, customs brokerage, inland transportation and warehousing.

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