DSV A/S (OTCMKTS:DSDVY) Announces Quarterly Earnings Results, Beats Expectations By $0.03 EPS

DSV A/S (OTCMKTS:DSDVY - Get Free Report) posted its quarterly earnings results on Wednesday, April 30th. The company reported $0.86 earnings per share for the quarter, topping analysts' consensus estimates of $0.83 by $0.03, Zacks reports. The firm had revenue of $6.35 billion for the quarter, compared to analyst estimates of $40.57 billion. DSV A/S had a net margin of 6.06% and a return on equity of 15.61%.

DSV A/S Trading Down 0.8 %

Shares of DSDVY traded down $0.93 during mid-day trading on Wednesday, reaching $112.65. The stock had a trading volume of 631,958 shares, compared to its average volume of 100,977. DSV A/S has a 52-week low of $72.79 and a 52-week high of $115.75. The firm has a market cap of $54.17 billion, a price-to-earnings ratio of 32.94, a P/E/G ratio of 1.28 and a beta of 1.23. The business's fifty day moving average is $98.27 and its 200 day moving average is $102.70. The company has a debt-to-equity ratio of 0.33, a current ratio of 1.27 and a quick ratio of 1.18.

DSV A/S Increases Dividend

The business also recently declared a dividend, which was paid on Wednesday, April 9th. Stockholders of record on Monday, March 24th were issued a dividend of $0.4915 per share. The ex-dividend date of this dividend was Monday, March 24th. This is a positive change from DSV A/S's previous dividend of $0.33. DSV A/S's payout ratio is currently 8.72%.

Analyst Ratings Changes

Separately, The Goldman Sachs Group upgraded DSV A/S to a "strong-buy" rating in a report on Friday, May 2nd.

About DSV A/S

DSV A/S offers transport and logistics services in Europe, the Middle East, Africa, North America, South America, Asia, Australia, and the Pacific. It operates through three segments: Air & Sea, Road, and Solutions. The company provides air freight, air freight compliance and carrier, and rail freight services; sea freight, and sea freight compliance and carrier services, as well as freight containers.