A.P. Moller-Maersk A/S Unsponsored ADR (AMKBY)
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A.P. Moller-Maersk (AMKBY) Earnings Expected to Grow: What to Know Ahead of Q3 Release
A.P. Moller-Maersk (AMKBY) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Maersk continues Beirut port calls despite business disruption
Container shipping company Maersk said on Wednesday it continued to serve its customers in Lebanon with two weekly callings in Beirut despite the deteriorating security situation in the country.
Updating On Maersk After A 5% Drop - Let's Look At 2024-2025E
Maersk is attractively priced despite recent volatility, with a 15% annualized RoR expected due to strong fundamentals and strategic initiatives. The current dockworker strike is seen as a short-term tailwind, likely to increase shipping rates and benefit Maersk's profitability. Maersk's recent quarterly results show strong EBITDA growth, improved cost base, and strategic progress, reinforcing its position as a leading logistics player.
Shipping Stocks Slip as US Ports Strike Begins
Global shipping stocks slipped on Tuesday morning after dockworkers walked out of every major port on the US East and Gulf coasts, marking the beginning of a strike. Ben Slupecki, an equity analyst for Morningstar, says a strike that lasts two-to-three weeks could really start to hurt companies.
Maersk parent to invest $1.7 bln in fossil-free plastics plant at Antwerp port
A.P. Moller Holding, majority owner of shipping giant Maersk , plans an initial investment of 1.5 billion euros ($1.7 billion) for the construction of a fossil-free plastics production facility in the Belgian port of Antwerp, it said on Monday.
Maersk eyes contigency plans as Canada rail networks close, still takes bookings
Shipping company Maersk is evaluating contingency strategies in Canada, the company said on Thursday after the country's two main freight rail companies shut down their networks over a labour dispute.
Maersk continues to accept Canada cargo as rail stoppage looms
Maersk said on Tuesday it continues to accept bookings to and from Canada, withdrawing its statement from a day ago that it would stop accepting some Canada-bound shipments ahead of a possible rail stoppage.
A.P. Moller - Maersk A/S (AMKBY) Q2 2024 Earnings Call Transcript
A.P. Moller - Maersk A/S (OTCPK:AMKBY) Q2 2024 Earnings Conference Call August 7, 2024 5:00 AM ET Company Participants Vincent Clerc - Chief Executive Officer Patrick Jany - Executive Board Member and Chief Financial Officer Conference Call Participants Cristian Nedelcu - UBS Ulrik Bak - SEB Muneeba Kayani - Bank of America Dan Togo Jensen - Carnegie Alex Irving - Bernstein Lars Heindorff - Nordea Petter Haugen - ABG Sundal Collier Jacob Lacks - Wolfe Research Sathish Sivakumar - Citi Vincent Clerc Hello, everyone, and thank you for joining this earnings call today as we present our Second Quarter Results for 2024. My name is Vincent Clerc.
Maersk: Demand for Shipping Shows No Signs of Potential Recession
Contrary to widespread worries about a potential economic slowdown, shipping giant Maersk has reportedly seen no signs of a U.S. recession.
No sign of U.S. recession in freight demand, CEO of shipping giant Maersk says
U.S. inventories "are not at a level that is worrisome or that seems to indicate a significant slowdown right in the offing," Maersk CEO Vincent Clerc told CNBC, as fears of a recession in the world's largest economy mount. Chinese exports have helped drive overall container demand in the most recent quarter, Clerc said.
A.P. Moller-Maersk (AMKBY) Q2 Earnings Surpass Estimates
A.P. Moller-Maersk (AMKBY) came out with quarterly earnings of $0.20 per share, beating the Zacks Consensus Estimate of $0.19 per share. This compares to earnings of $0.04 per share a year ago.
A.P. Moller-Maersk (AMKBY) Earnings Expected to Grow: What to Know Ahead of Q2 Release
A.P. Moller-Maersk (AMKBY) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
