Earnings Alerts

DSV A/S (DSV) Earnings: FY EBIT Forecast Narrowed in 3Q 2024 Trading Update

“`html

  • DSV has updated its forecast for Ebit (earnings before interest and tax) for the full year, expecting it to be between DKK 16.00 billion and DKK 17.00 billion.
  • The previous forecast range was from DKK 15.50 billion to DKK 17.00 billion, indicating a narrowing focus on the upper range.
  • The market estimated DSV’s Ebit before significant items at DKK 16.57 billion.
  • Preliminary third-quarter results show DSV’s Ebit before significant items at DKK 4.40 billion.
  • This preliminary result is slightly below the market estimate of DKK 4.44 billion.
  • The trading update from DSV for the third quarter of 2024 highlights this updated financial focus.
  • Analyst recommendations for DSV include 15 buy ratings, 1 hold rating, and 1 sell rating.

“`


A look at DSV A/S Smart Scores

FactorScoreMagnitude
Value3
Dividend2
Growth4
Resilience3
Momentum5
OVERALL SMART SCORE3.4

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

DSV A/S, a leading company in the transport and logistics industry, holds a promising long-term outlook according to the Smartkarma Smart Scores. With a strong momentum score of 5, DSV is showing impressive growth potential. Additionally, the company’s growth score of 4 underscores its ability to expand its operations effectively. Moreover, DSV’s resilience score of 3 indicates a solid capacity to withstand market challenges, contributing to its overall positive outlook.

Although DSV A/S is rated lower in terms of its dividend and value scores, with scores of 2 and 3 respectively, its strengths in growth, resilience, and momentum highlight the company’s potential for long-term success in the transport and logistics sector. With operations spanning Europe, North America, and the Far East, DSV continues to demonstrate its capabilities in providing a wide range of transport and logistic services to its customers.

**Summary:** DSV A/S, the parent company of a group offering transport and logistics services, operates across Europe, North America, and the Far East, utilizing truck, ship, and plane transport services along with warehousing and logistic services. Its Smartkarma Smart Scores indicate a positive long-term outlook for the company, with high marks in growth and momentum.


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.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
Have feedback on this article? Concerned about the content? Get in touch with us directly.


 

πŸ’‘ Before it’s here, it’s on Smartkarma

Sign Up for Free

The Smartkarma Preview Pass is your entry to the Independent Investment Research Network

  • βœ“ Unlimited Research Summaries
  • βœ“ Personalised Alerts
  • βœ“ Custom Watchlists
  • βœ“ Company Analytics and News
  • βœ“ Events & Webinars