DSV (OTCMKTS:DSDVY) Releases Quarterly Earnings Results, Misses Estimates By $0.04 EPS

Key Points

• DSV reported quarterly earnings of $0.99 EPS, missing analyst estimates of $1.03 EPS by $0.04.
• The company's revenue for the quarter was $9.51 billion, significantly below analyst projections of $61.96 billion.
• DSV's stock saw a decline of $1.08 during trading, bringing the current share price to $111.25.

DSV (OTCMKTS:DSDVY - Get Free Report) issued its quarterly earnings results on Thursday. The company reported $0.99 EPS for the quarter, missing analysts' consensus estimates of $1.03 by ($0.04), Zacks reports. The business had revenue of $9.51 billion for the quarter, compared to analyst estimates of $61.96 billion. DSV had a net margin of 5.29% and a return on equity of 11.89%.

DSV Price Performance

DSDVY stock traded down $1.08 during trading hours on Friday, hitting $111.25. 43,891 shares of the stock traded hands, compared to its average volume of 93,001. The stock has a 50-day simple moving average of $120.04 and a 200 day simple moving average of $107.94. The company has a market cap of $53.50 billion, a P/E ratio of 34.13, a P/E/G ratio of 1.34 and a beta of 1.21. DSV has a one year low of $77.78 and a one year high of $125.58. The company has a current ratio of 3.25, a quick ratio of 3.13 and a debt-to-equity ratio of 0.53.

Analysts Set New Price Targets

Several equities analysts have commented on DSDVY shares. The Goldman Sachs Group raised shares of DSV to a "strong-buy" rating in a research note on Friday, May 2nd. Citigroup lowered shares of DSV from a "strong-buy" rating to a "hold" rating in a research note on Wednesday, May 7th.

DSV Company Profile

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.

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