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

A.P. Moller-Maersk (OTCMKTS:AMKBY) will likely be issuing its results before the market opens on Thursday, February 5th. Analysts expect the company to announce earnings of $0.12 per share for the quarter.

A.P. Moller-Maersk (OTCMKTS:AMKBY) last issued its quarterly earnings results on Thursday, November 6th. The transportation company reported $0.31 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.51 by ($0.20). The business had revenue of $14.21 billion for the quarter, compared to the consensus estimate of $13.44 billion. A.P. Moller-Maersk had a return on equity of 8.51% and a net margin of 8.83%. 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 Trading Up 0.1%

AMKBY opened at $12.13 on Thursday. The company has a quick ratio of 2.05, a current ratio of 2.16 and a debt-to-equity ratio of 0.08. The stock’s fifty day moving average is $11.16 and its two-hundred day moving average is $10.56. The company has a market capitalization of $38.40 billion, a P/E ratio of 7.73 and a beta of 0.88. A.P. Moller-Maersk has a 52 week low of $6.69 and a 52 week high of $12.63.

Wall Street Analysts Forecast Growth

AMKBY has been the subject of a number of recent analyst reports. The Goldman Sachs Group cut A.P. Moller-Maersk from a “hold” rating to a “sell” rating in a research report on Wednesday, January 14th. Deutsche Bank Aktiengesellschaft reissued a “hold” rating on shares of A.P. Moller-Maersk in a report on Wednesday, December 17th. Wolfe Research restated an “underperform” rating on shares of A.P. Moller-Maersk in a research note on Thursday, January 8th. Citigroup reaffirmed a “neutral” rating on shares of A.P. Moller-Maersk in a research report on Thursday, November 13th. Finally, Bank of America downgraded shares of A.P. Moller-Maersk from a “neutral” rating to an “underperform” rating in a research report on Friday, January 23rd. One investment analyst has rated the stock with a Strong Buy rating, two have assigned a Hold rating and six have issued a Sell rating to the stock. According to data from MarketBeat, the stock presently has an average 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.