DHL Group (DHLGY) Set to Release Quarterly Earnings on Thursday

Key Points

• DHL Group is expected to report quarterly results before Thursday’s market open, with analysts forecasting $0.49 in earnings per share and $24.62 billion in revenue.
• In its previous quarter, DHL reported $1.05 EPS and $25.84 billion in revenue, exceeding consensus estimates of $0.51 EPS and $24.20 billion in revenue.
• The shares recently traded down 1.4% to $32.31, while analysts maintain an overall “Moderate Buy” consensus rating, with one Strong Buy, three Buys, and six Holds.

DHL Group (OTCMKTS:DHLGY - Get Free Report) is expected to be posting its results before the market opens on Thursday, November 5th. Analysts expect the company to announce earnings of $0.49 per share and revenue of $24.62 billion for the quarter.

DHL Group (OTCMKTS:DHLGY - Get Free Report) last issued its quarterly earnings data on Wednesday, August 5th. The company reported $1.05 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.51 by $0.54. DHL Group had a net margin of 4.38% and a return on equity of 16.44%. The company had revenue of $25.84 billion during the quarter, compared to the consensus estimate of $24.20 billion. On average, analysts expect DHL Group to post $2.01 EPS for the current fiscal year and $2.20 EPS for the next fiscal year.

DHL Group Trading Down 1.4%

Shares of OTCMKTS:DHLGY opened at $32.31 on Thursday. DHL Group has a 12 month low of $22.45 and a 12 month high of $33.70. The company has a quick ratio of 0.98, a current ratio of 1.03 and a debt-to-equity ratio of 1.04. The company's fifty day simple moving average is $32.18 and its 200 day simple moving average is $37.40. The firm has a market cap of $71.76 billion, a price-to-earnings ratio of 11.31, a PEG ratio of 1.50 and a beta of 1.17.

Wall Street Analysts Forecast Growth

A number of equities analysts recently weighed in on the stock. Zacks Research lowered shares of DHL Group from a "strong-buy" rating to a "hold" rating in a research note on Tuesday, August 25th. Deutsche Bank Aktiengesellschaft reissued a "buy" rating on shares of DHL Group in a research note on Tuesday, September 15th. Citigroup restated a "neutral" rating on shares of DHL Group in a report on Wednesday, October 21st. Finally, Royal Bank Of Canada assumed coverage on DHL Group in a report on Thursday, October 15th. They issued a "moderate buy" rating on the stock. One research analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and six have issued a Hold rating to the stock. According to MarketBeat.com, DHL Group currently has an average rating of "Moderate Buy".

About DHL Group

DHL Group, formerly Deutsche Post DHL Group, is a Germany-based logistics and postal services company headquartered in Bonn. It provides international express delivery, freight transportation, contract logistics, supply chain management, and e-commerce fulfillment services for businesses and consumers.

The company operates through several business divisions, including DHL Express, DHL Global Forwarding, Freight, DHL Supply Chain, DHL eCommerce, and the Post & Parcel Germany business.

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