Kuehne & Nagel International (OTCMKTS:KHNGY) Announces Earnings Results

Key Points

• Kuehne & Nagel International reported earnings of $0.49 per share, missing analyst estimates of $0.51 by $0.02.
• The company's revenue for the quarter was $7.45 billion, significantly exceeding analyst expectations of $6.11 billion.
• Kuehne & Nagel International increased its dividend to $1.2368, up from the previous dividend of $0.34, offering a yield of 2.66%.

Kuehne & Nagel International (OTCMKTS:KHNGY - Get Free Report) posted its quarterly earnings data on Thursday. The company reported $0.49 earnings per share for the quarter, missing the consensus estimate of $0.51 by ($0.02), Zacks reports. The firm had revenue of $7.45 billion for the quarter, compared to analyst estimates of $6.11 billion. Kuehne & Nagel International had a return on equity of 38.55% and a net margin of 4.47%.

Kuehne & Nagel International Trading Down 1.8%

Shares of KHNGY traded down $0.77 during mid-day trading on Wednesday, hitting $41.30. 18,590 shares of the company traded hands, compared to its average volume of 31,906. Kuehne & Nagel International has a one year low of $39.53 and a one year high of $62.83. The business has a 50-day moving average of $44.07 and a 200 day moving average of $45.04. The stock has a market capitalization of $24.93 billion, a price-to-earnings ratio of 18.52, a PEG ratio of 1.04 and a beta of 0.93.

Kuehne & Nagel International Increases Dividend

The company also recently disclosed a dividend, which was paid on Wednesday, May 28th. Stockholders of record on Tuesday, May 13th were issued a dividend of $1.2368 per share. This is a positive change from Kuehne & Nagel International's previous dividend of $0.34. The ex-dividend date was Monday, May 12th. This represents a dividend yield of 2.66%. Kuehne & Nagel International's dividend payout ratio (DPR) is presently 55.61%.

About Kuehne & Nagel International

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.