DSV (DSDVY) to Release Earnings on Thursday

DSV (OTCMKTS:DSDVY) will likely be posting its results before the market opens on Thursday, October 23rd. Analysts expect DSV to post earnings of $1.09 per share for the quarter.

DSV (OTCMKTS:DSDVY) last released its earnings results on Thursday, July 31st. The company reported $0.99 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.03 by ($0.04). The firm had revenue of $9.51 billion during the quarter, compared to the consensus estimate of $61.96 billion. DSV had a return on equity of 11.89% and a net margin of 5.29%. On average, analysts expect DSV to post $4 EPS for the current fiscal year and $5 EPS for the next fiscal year.

DSV Price Performance

DSV stock opened at $105.63 on Tuesday. The firm has a market capitalization of $50.80 billion, a PE ratio of 32.40, a price-to-earnings-growth ratio of 1.34 and a beta of 1.20. DSV has a 12-month low of $77.78 and a 12-month high of $125.58. The firm has a 50-day moving average price of $106.93 and a 200-day moving average price of $110.58. The company has a current ratio of 3.25, a quick ratio of 3.13 and a debt-to-equity ratio of 0.53.

Wall Street Analysts Forecast Growth

DSDVY has been the topic of several recent analyst reports. Barclays reaffirmed an “overweight” rating on shares of DSV in a research note on Monday, August 4th. Zacks Research downgraded shares of DSV from a “hold” rating to a “strong sell” rating in a research note on Friday, September 19th. Two analysts have rated the stock with a Strong Buy rating, one has given a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy”.

About DSV

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.