Stocks
ETFs
Options
Commodities
Crypto
Currency
Pro Newsletters
Research Tools
Daily Feeds
Calendars
Economic Indicators
Class Actions
Calculators
Education
About Us
Working with TipRanks
Follow Us
Kuehne + Nagel (KHNGY)
OTHER OTC:KHNGY
Holding KHNGY?
Track your performance easily
Earnings Data
Report Date
Mar 04, 2025Before Open Not Confirmed
Period Ending
2024 (Q4)Consensus EPS Forecast
―Last Year’s EPS
$0.5Same Quarter Last Year
Based on 0 Analysts Ratings
---
Earnings Call Summary
Earnings Call Date:Oct 23, 2024
|% Change Since: -10.05%
|Next Earnings Date:Mar 04, 2025
Earnings Call Sentiment|Neutral
The earnings call presented a mixed outlook with significant achievements in EBIT improvement and strategic expansions. However, challenges remain in terms of muted peak season expectations, declining Air Logistics EBIT, and working capital pressures. While there are positive developments, concerns about future growth and market conditions persist.Company Guidance
During the Q3 2024 earnings call, Kuehne + Nagel provided detailed guidance on several financial metrics. The company achieved a sequential improvement in group EBIT to CHF 455 million, marking the first year-over-year quarterly increase in two years. Sea Logistics EBIT grew by 24% sequentially to CHF 256 million, driven by a 7% gross profit increase and a 7% reduction in unit costs. In Air Logistics, EBIT was CHF 120 million, with stable unit costs despite a 2% increase in OpEx. The Road Logistics EBIT was reported at CHF 22 million, while Contract Logistics saw EBIT growth to CHF 57 million. The company highlighted ongoing cost control efforts, expecting full realization of cost-saving measures by end of 2024 or early 2025, and noted a strong free cash conversion trend despite pressure from working capital expansion. Despite these achievements, Kuehne + Nagel acknowledged challenges like inflationary pressures and geopolitical uncertainties impacting freight volumes and yields.Sequential Improvement in Group EBIT
Kuehne + Nagel achieved a sequential improvement in group EBIT in Q3, with a group EBIT of CHF 455 million, marking the first year-over-year quarterly increase in two years.
Contract Logistics Growth
Contract Logistics saw solid EBIT growth in Q3, increasing to CHF 57 million, with gross profit growth excluding currency effects accelerating to 10% year-on-year.
Successful Cost Reduction
Ongoing cost control efforts resulted in a further sequential reduction of unit costs in Sea Logistics, with a 5% quarter-on-quarter OpEx decline.
Expansion and Strategic Initiatives
Q3 saw progress in SME service levels, seafreight portfolio management, migration of core TMS to the cloud, and the closing of a Road Logistics acquisition in Asia.
---
KHNGY Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
---
KHNGY Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Oct 23, 2024 | $50.94 | $50.01 | -1.83% |
| Jul 23, 2024 | $59.37 | $60.27 | +1.52% |
| Apr 23, 2024 | $54.35 | $51.75 | -4.78% |
| Mar 01, 2024 | $65.80 | $56.60 | -13.98% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
---
FAQ
When does Kuehne + Nagel (KHNGY) report earnings?
Kuehne + Nagel (KHNGY) is schdueled to report earning on Mar 04, 2025, Before Open Not Confirmed.
What is Kuehne + Nagel (KHNGY) earnings time?
Kuehne + Nagel (KHNGY) earnings time is at Mar 04, 2025, Before Open Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is KHNGY EPS forecast?
Currently, no data Available
---