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

A.P. Moller-Maersk (OTCMKTS:AMKBY) is projected to post its results before the market opens on Thursday, October 30th. Analysts expect A.P. Moller-Maersk to post earnings of $0.32 per share for the quarter.

A.P. Moller-Maersk (OTCMKTS:AMKBY) last issued its quarterly earnings data on Thursday, August 7th. The transportation company reported $0.20 EPS for the quarter, topping analysts’ consensus estimates of $0.14 by $0.06. The firm had revenue of $13.13 billion during the quarter, compared to the consensus estimate of $12.34 billion. A.P. Moller-Maersk had a return on equity of 12.33% and a net margin of 12.11%. On average, analysts expect A.P. Moller-Maersk to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

A.P. Moller-Maersk Price Performance

Shares of AMKBY opened at $10.62 on Wednesday. The company has a market cap of $33.62 billion, a P/E ratio of 4.85 and a beta of 1.02. The stock has a fifty day moving average price of $10.20 and a 200 day moving average price of $9.70. The company has a debt-to-equity ratio of 0.07, a current ratio of 2.06 and a quick ratio of 1.96. A.P. Moller-Maersk has a 12 month low of $6.69 and a 12 month high of $11.50.

Analyst Upgrades and Downgrades

A number of research analysts recently commented on the company. Citigroup restated a “neutral” rating on shares of A.P. Moller-Maersk in a research note on Friday, August 8th. Hsbc Global Res upgraded A.P. Moller-Maersk to a “strong-buy” rating in a research note on Monday, September 29th. BNP Paribas downgraded A.P. Moller-Maersk to a “strong sell” rating in a research note on Wednesday, September 17th. Morgan Stanley restated an “underweight” rating on shares of A.P. Moller-Maersk in a research note on Friday, August 8th. Finally, BNP Paribas Exane downgraded A.P. Moller-Maersk from a “neutral” rating to an “underperform” rating in a research note on Wednesday, September 17th. One research analyst has rated the stock with a Strong Buy rating, one has assigned a Hold rating and four have given a Sell rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Reduce”.

About A.P. Moller-Maersk

A.P. Møller – Mærsk A/S, together with its subsidiaries, engages in the ocean transport and logistics business in Denmark and internationally. It operates through Ocean, Logistics & Services, Terminals, and Towage & Maritime Services segments. The Ocean segment is involved in container shipping activities, including demurrage and detention, terminal handling, documentation and container services, and container storage, as well as transshipment hubs.