Kuehne & Nagel International (KHNGY) Expected to Post Earnings on Thursday

Key Points

• Kuehne & Nagel International is expected to report earnings before the market opens on Thursday, October 22. Analysts forecast quarterly EPS of $0.58 and revenue of $7.71 billion.
• The company’s previous quarter beat expectations, reporting $0.57 EPS versus the $0.55 consensus and $8.22 billion in revenue versus $7.58 billion expected. Analysts project full-year EPS of $2.17 and next-year EPS of $2.23.
• Market sentiment is mixed, with two Buy, two Hold and two Sell ratings, producing an overall “Hold” consensus. Shares recently traded at $54.44, near their 52-week high of $56.57.

Kuehne & Nagel International (OTCMKTS:KHNGY - Get Free Report) is expected to be issuing its results before the market opens on Thursday, October 22nd. Analysts expect Kuehne & Nagel International to post earnings of $0.58 per share and revenue of $7.71 billion for the quarter.

Kuehne & Nagel International (OTCMKTS:KHNGY - Get Free Report) last issued its earnings results on Thursday, July 23rd. The company reported $0.57 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.55 by $0.02. Kuehne & Nagel International had a net margin of 3.57% and a return on equity of 39.21%. The firm had revenue of $8.22 billion for the quarter, compared to the consensus estimate of $7.58 billion. On average, analysts expect Kuehne & Nagel International to post $2.17 EPS for the current fiscal year and $2.23 EPS for the next fiscal year.

Kuehne & Nagel International Trading Down 1.8%

OTCMKTS:KHNGY opened at $54.44 on Thursday. The company's 50 day moving average price is $53.13 and its 200-day moving average price is $49.57. Kuehne & Nagel International has a 52 week low of $36.80 and a 52 week high of $56.57. The company has a quick ratio of 0.97, a current ratio of 0.97 and a debt-to-equity ratio of 0.42. The stock has a market cap of $32.87 billion, a price-to-earnings ratio of 29.59, a PEG ratio of 3.44 and a beta of 0.73.

Wall Street Analysts Forecast Growth

A number of brokerages recently weighed in on KHNGY. Citigroup restated a "sell" rating on shares of Kuehne & Nagel International in a report on Friday, July 24th. Barclays reaffirmed an "underweight" rating on shares of Kuehne & Nagel International in a research report on Friday, July 24th. Finally, Deutsche Bank Aktiengesellschaft reiterated a "hold" rating on shares of Kuehne & Nagel International in a research note on Tuesday, July 28th. Two equities research analysts have rated the stock with a Buy rating, two have issued a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat, the stock has an average rating of "Hold".

About Kuehne & Nagel International

Kuehne+Nagel International AG is a Switzerland-based global logistics company that provides transportation and supply chain management services to businesses worldwide. The company organizes the movement of goods by sea, air, road and rail, serving customers across industries including healthcare, consumer goods, technology, industrial manufacturing and aerospace.

Its services include ocean and air freight forwarding, road logistics, contract logistics, warehousing, distribution, customs clearance and supply chain management.

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