Earnings Alerts

AP Moeller – Maersk A/S (MAERSKB) Earnings: FY Underlying EBITDA Forecast Boosted, Estimates Beaten

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  • Maersk increased its full-year underlying EBITDA forecast to $9 billion to $11 billion, previously projected $7 billion to $9 billion.
  • Analyst estimates for underlying EBITDA were $8.76 billion.
  • The company also raised its underlying EBIT forecast to $3 billion to $5 billion, formerly $1 billion to $3 billion.
  • Market estimates for underlying EBIT were $3.86 billion.
  • Preliminary second-quarter results:
    • EBITDA was $2.1 billion, compared to an estimate of $2.26 billion.
    • EBIT reached $756 million, just below the estimate of $868.3 million.
    • Revenue hit $12.8 billion, against an estimate of $13.03 billion.
  • Maersk anticipates global container market growth of up to 4-6%.
  • Trade conditions are highly volatile due to the unpredictable Red Sea situation and uncertain supply and demand in Q4.
  • Shares rose 3.3% to DKK11,810 after 9,940 shares traded.
  • Market response includes 12 buy ratings, 10 hold ratings, and 7 sell ratings.

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AP Moeller – Maersk A/S on Smartkarma

Analyst coverage of AP Moeller – Maersk A/S on Smartkarma by Daniel Hellberg provides valuable insights into the container shipping industry. In a recent report titled “Monthly Container Shipping Tracker | Pricing Still Firm | Spot Rates Fall (July 2024)”, Hellberg discusses the impact of fluctuating spot rates on container shipping trades. The analysis highlights strong pricing momentum and volume growth in June, although recent rate dips led to the closure of suggested pair trades, citing growing uncertainty for 2025.

On a more optimistic note, Hellberg’s report “Monthly Container Shipping Tracker | Pricing Still Firm | Share Prices Converging (May 2024)” showcases a positive outlook. The analysis emphasizes the resilience of deep-sea rates and traffic in April, with successful pair trades earlier in the year. The report also mentions the robust performance of container carriers in 2024, anticipating further convergence in share prices.


A look at AP Moeller – Maersk A/S Smart Scores

FactorScoreMagnitude
Value5
Dividend4
Growth2
Resilience4
Momentum4
OVERALL SMART SCORE3.8

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

AP Moeller – Maersk A/S, a conglomerate with diversified holdings, has received positive Smart Scores across key factors. With a top score in Value and strong marks in Dividend and Resilience, the company demonstrates solid financial health and attractiveness for investors seeking stable returns.

However, the growth factor indicates a lower score, suggesting potential challenges in expanding operations. Despite this, the Momentum score highlights a promising outlook in terms of market performance and investor sentiment. Overall, AP Moeller – Maersk A/S seems well-positioned in the long term, balancing its strengths and areas for growth.

### A.P. Moeller-Maersk A/S is a conglomerate with diversified holdings. The Company operates a fleet including container vessels, tankers, supply ships, special vessels, APM terminials, and oil drilling rigs. A.P. Moeller-Maersk also operates industrial business and explores for and produces oil and gas. The Company is active worldwide. ###


Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
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