A.P. Moller-Maersk (AMKBY) Projected to Post Earnings on Thursday

A.P. Moller-Maersk (OTCMKTS:AMKBY) is projected to release its results before the market opens on Thursday, May 7th. Analysts expect A.P. Moller-Maersk to post earnings of $0.0257 per share and revenue of $12.3990 billion for the quarter.

A.P. Moller-Maersk (OTCMKTS:AMKBY) last issued its quarterly earnings results on Thursday, February 5th. The transportation company reported $0.02 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.12 by ($0.10). A.P. Moller-Maersk had a net margin of 5.05% and a return on equity of 4.87%. The business had revenue of $13.33 billion for the quarter, compared to analysts’ expectations of $12.83 billion. On average, analysts expect A.P. Moller-Maersk to post $0 EPS for the current fiscal year and $-1 EPS for the next fiscal year.

A.P. Moller-Maersk Trading Down 0.5%

Shares of OTCMKTS AMKBY opened at $11.79 on Tuesday. The company has a debt-to-equity ratio of 0.08, a current ratio of 2.12 and a quick ratio of 2.02. The stock has a market cap of $37.32 billion, a P/E ratio of 13.40 and a beta of 0.70. A.P. Moller-Maersk has a 1 year low of $8.40 and a 1 year high of $14.32. The firm has a 50-day moving average of $12.55 and a 200 day moving average of $11.56.

Analyst Ratings Changes

Several brokerages have issued reports on AMKBY. Nordea Equity Research cut shares of A.P. Moller-Maersk from a “buy” rating to a “sell” rating in a report on Friday, January 30th. Barclays raised shares of A.P. Moller-Maersk from a “strong sell” rating to a “hold” rating in a report on Friday, March 6th. Clarkson Capital raised shares of A.P. Moller-Maersk to a “strong sell” rating in a report on Monday, February 9th. The Goldman Sachs Group cut shares of A.P. Moller-Maersk from a “hold” rating to a “sell” rating in a report on Wednesday, January 14th. Finally, Wolfe Research reaffirmed an “underperform” rating on shares of A.P. Moller-Maersk in a report on Thursday, January 8th. One analyst has rated the stock with a Strong Buy rating, four have assigned a Hold rating and seven have assigned a Sell rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Reduce”.

A.P. Moller-Maersk Company Profile

A.P. Moller-Maersk A/S is a Danish integrated transport and logistics company headquartered in Copenhagen. Operating under the Maersk brand worldwide, the group provides container shipping and end-to-end logistics services, combining ocean freight with land-based transportation, contract logistics, warehousing, and supply chain management for global shippers and manufacturers.

The company’s core activities include container shipping operations, terminal services through APM Terminals, and a growing logistics and services business that offers freight forwarding, customs brokerage, inland transportation and warehousing.