DHL Group (OTCMKTS:DHLGY) Releases Quarterly Earnings Results, Beats Expectations By $0.13 EPS

DHL Group (OTCMKTS:DHLGY) posted its earnings results on Thursday. The company reported $0.88 EPS for the quarter, beating the consensus estimate of $0.75 by $0.13, Zacks reports. The company had revenue of $23.10 billion for the quarter, compared to the consensus estimate of $20.19 billion. DHL Group had a return on equity of 14.92% and a net margin of 4.11%.

DHL Group Price Performance

Shares of DHL Group stock traded up $0.27 during midday trading on Friday, hitting $50.15. 89,616 shares of the company traded hands, compared to its average volume of 161,508. The firm’s fifty day moving average price is $45.38 and its 200-day moving average price is $45.38. The stock has a market cap of $60.18 billion, a price-to-earnings ratio of 15.48, a PEG ratio of 1.96 and a beta of 1.21. DHL Group has a 12 month low of $33.89 and a 12 month high of $50.18. The company has a debt-to-equity ratio of 0.95, a quick ratio of 0.90 and a current ratio of 0.95.

Wall Street Analysts Forecast Growth

Several brokerages recently issued reports on DHLGY. Citigroup reiterated a “buy” rating on shares of DHL Group in a research note on Wednesday, October 1st. Kepler Capital Markets cut DHL Group from a “strong-buy” rating to a “hold” rating in a research report on Friday, August 22nd. Zacks Research downgraded DHL Group from a “hold” rating to a “strong sell” rating in a research note on Thursday, October 16th. Finally, Deutsche Bank Aktiengesellschaft cut shares of DHL Group from a “buy” rating to a “hold” rating in a research report on Friday, September 19th. One research analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating, three have issued a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat, DHL Group has a consensus rating of “Hold”.

DHL Group Company Profile

Deutsche Post AG operates as a mail and logistics company in Germany, rest of Europe, the Americas, the Asia Pacific, the Middle East, and Africa. The company operates through five segments: Express; Global Forwarding, Freight; Supply Chain; eCommerce Solutions; and Post & Parcel Germany. The Express segment offers time-definite courier and express services to business and private customers.