DHL Group (OTCMKTS:DHLGY) Posts Quarterly Earnings Results, Beats Expectations By $0.45 EPS

DHL Group (OTCMKTS:DHLGY) released its quarterly earnings data on Thursday. The company reported $0.84 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.39 by $0.45, Zacks reports. DHL Group had a net margin of 4.28% and a return on equity of 16.35%. The company had revenue of $23.87 billion during the quarter, compared to analyst estimates of $23.97 billion.

DHL Group Stock Performance

OTCMKTS:DHLGY traded up $0.27 during midday trading on Friday, reaching $29.85. 88,562 shares of the company traded hands, compared to its average volume of 114,532. DHL Group has a twelve month low of $20.60 and a twelve month high of $30.59. The firm has a market capitalization of $66.82 billion, a price-to-earnings ratio of 17.21, a price-to-earnings-growth ratio of 1.71 and a beta of 1.22. The company has a debt-to-equity ratio of 0.96, a current ratio of 0.98 and a quick ratio of 0.93. The company has a fifty day moving average price of $41.47 and a 200 day moving average price of $48.94.

Analyst Upgrades and Downgrades

DHLGY has been the subject of a number of recent analyst reports. The Goldman Sachs Group lowered shares of DHL Group from a “strong-buy” rating to a “hold” rating in a report on Wednesday, January 14th. Barclays upgraded DHL Group from a “hold” rating to a “strong-buy” rating in a research note on Friday, March 6th. One research analyst has rated the stock with a Strong Buy rating, one has given a Buy rating and six have assigned a Hold rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Hold”.

DHL Group Company Profile

DHL Group (OTCMKTS: DHLGY) is the international logistics and postal services business of Deutsche Post DHL Group, headquartered in Bonn, Germany. The company operates a global network that serves corporate and individual customers with a range of logistics solutions spanning domestic and international mail and parcel services, express courier operations, freight forwarding, contract logistics and supply chain management. It offers services to e-commerce retailers, manufacturers, healthcare and automotive companies, among other industries.

Its principal operating activities are organized across distinct logistics businesses including express courier services for time‑sensitive international shipments, global forwarding and freight for air, ocean and road transport, contract logistics for warehousing and distribution, e‑commerce fulfillment solutions, and national postal and parcel operations in Germany.