A.P. Moller-Maersk (AMKBY) Expected to Release Quarterly Earnings on Thursday

A.P. Moller-Maersk (OTCMKTS:AMKBY) is expected to be issuing its results before the market opens on Thursday, November 5th. Analysts expect A.P. Moller-Maersk to post earnings of $1.23 per share and revenue of $18.15 billion for the quarter.

A.P. Moller-Maersk (OTCMKTS:AMKBY) last announced its earnings results on Thursday, August 13th. The transportation company reported $0.45 EPS for the quarter, beating the consensus estimate of $0.14 by $0.31. A.P. Moller-Maersk had a return on equity of 4.39% and a net margin of 4.08%. The company had revenue of $15.76 billion for the quarter, compared to analyst estimates of $14.07 billion. On average, analysts expect A.P. Moller-Maersk to post $2.90 EPS for the current fiscal year and $0.94 EPS for the next fiscal year.

A.P. Moller-Maersk Trading Down 0.2%

OTCMKTS AMKBY opened at $17.15 on Tuesday. The business has a 50 day simple moving average of $17.60 and a 200 day simple moving average of $13.85. A.P. Moller-Maersk has a one year low of $9.32 and a one year high of $18.76. The stock has a market capitalization of $54.29 billion, a P/E ratio of 20.92 and a beta of 0.71. The company has a debt-to-equity ratio of 0.09, a current ratio of 2.03 and a quick ratio of 1.90.

Wall Street Analyst Weigh In

A number of research firms have issued reports on AMKBY. Morgan Stanley restated an “underweight” rating on shares of A.P. Moller-Maersk in a report on Friday, September 4th. Wolfe Research upgraded shares of A.P. Moller-Maersk from a “strong sell” rating to a “hold” rating in a research note on Tuesday, September 8th. Zacks Research upgraded shares of A.P. Moller-Maersk from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, October 7th. Nordea Equity Research upgraded shares of A.P. Moller-Maersk from a “sell” rating to a “hold” rating in a research report on Friday, August 14th. Finally, UBS Group lowered shares of A.P. Moller-Maersk from a “hold” rating to a “sell” rating in a research note on Wednesday, October 21st. Two research analysts have rated the stock with a Strong Buy rating, six have given a Hold rating and five have given a Sell rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Reduce”.

About A.P. Moller-Maersk

A.P. Moller-Maersk A/S is a Danish global transportation and logistics company founded in 1904 by Arnold Peter Møller. The company is best known for its container shipping operations, conducted through the Maersk brand, and provides ocean transportation services linking manufacturers, suppliers, retailers and consumers across major global trade routes.

In addition to shipping, Maersk offers integrated logistics services, including freight forwarding, warehousing, customs services, supply-chain management and air freight.