Previous Close | 273.00 |
Open | 281.46 |
Bid | 0.00 x 0 |
Ask | 0.00 x 0 |
Day's Range | 281.46 - 281.46 |
52 Week Range | 262.89 - 358.20 |
Volume | |
Avg. Volume | 231 |
Market Cap | 33.769B |
Beta (5Y Monthly) | 0.89 |
PE Ratio (TTM) | 21.08 |
EPS (TTM) | N/A |
Earnings Date | N/A |
Forward Dividend & Yield | 11.32 (4.15%) |
Ex-Dividend Date | May 10, 2024 |
1y Target Est | N/A |
Kuehne + Nagel International ( VTX:KNIN ) Full Year 2023 Results Key Financial Results Revenue: CHF23.8b (down 40% from...
(Reuters) -Swiss logistics group Kuehne+Nagel reported a 49% drop in annual operating profit on Friday, driven by weakness in its ocean freight segment and higher costs, and said it expected an impact from the Red Sea crisis in the coming quarters. The Red Sea crisis is an ongoing situation and the company will see an impact in the third quarter and at the end of 2024, Chief Executive Stefan Paul told an analysts' call, adding that the crisis did not affect fourth quarter results. "The crisis will impact Q2 EBIT in a low double-digit million Swiss francs range," Stefan Paul added.
After losing some value lately, a hammer chart pattern has been formed for Kuehne & Nagel International Ag (KHNGY), indicating that the stock has found support. This, combined with an upward trend in earnings estimate revisions, could lead to a trend reversal for the stock in the near term.