Kuehne & Nagel International (KHNGY) to Release Earnings on Wednesday

Key Points

• Kuehne & Nagel International is set to release its earnings report on Wednesday, October 22nd, with expectations of $0.49 per share for the quarter.
• In its previous earnings report, the company posted $0.49 EPS, missing analysts' estimates of $0.51, despite achieving a revenue of $7.45 billion.
• Recent analyst ratings indicate a negative sentiment, with Deutsche Bank downgrading the stock from "buy" to "hold" and Zacks Research cutting its rating to "strong sell."

Kuehne & Nagel International (OTCMKTS:KHNGY - Get Free Report) is expected to be releasing its results before the market opens on Wednesday, October 22nd. Analysts expect Kuehne & Nagel International to post earnings of $0.49 per share for the quarter.

Kuehne & Nagel International (OTCMKTS:KHNGY - Get Free Report) last announced its quarterly earnings data on Thursday, July 24th. The company reported $0.49 earnings per share for the quarter, missing analysts' consensus estimates of $0.51 by ($0.02). The firm had revenue of $7.45 billion for the quarter, compared to analysts' expectations of $6.11 billion. Kuehne & Nagel International had a net margin of 4.47% and a return on equity of 41.79%. On average, analysts expect Kuehne & Nagel International to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Kuehne & Nagel International Stock Performance

Shares of OTCMKTS KHNGY opened at $37.19 on Wednesday. The stock has a market cap of $22.45 billion, a price-to-earnings ratio of 16.68, a P/E/G ratio of 0.95 and a beta of 0.90. The company has a current ratio of 0.86, a quick ratio of 0.86 and a debt-to-equity ratio of 0.20. Kuehne & Nagel International has a 1-year low of $36.76 and a 1-year high of $52.06. The stock's 50-day moving average is $40.34 and its 200 day moving average is $42.78.

Analyst Upgrades and Downgrades

A number of equities analysts recently weighed in on KHNGY shares. Deutsche Bank Aktiengesellschaft cut Kuehne & Nagel International from a "buy" rating to a "hold" rating in a report on Friday, September 19th. BNP Paribas raised Kuehne & Nagel International from a "strong sell" rating to a "hold" rating in a report on Wednesday, September 17th. Finally, Zacks Research cut Kuehne & Nagel International from a "hold" rating to a "strong sell" rating in a research note on Friday, September 26th. Two equities research analysts have rated the stock with a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of "Reduce".

Kuehne & Nagel International Company Profile

Kuehne + Nagel International AG, together with its subsidiaries, provides integrated logistics services worldwide. The company operates through four segments: Sea Logistics, Air Logistics, Road Logistics, and Contract Logistics. It offers less-than-container load, reefer and project logistics, and flexible container shipping solutions.

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