Published on 27 Apr 2024 on Simply Wall St. via Yahoo Finance
Earnings Report: Kuehne + Nagel International AG Missed Revenue Estimates By 11%
Last week, you might have seen that Kuehne + Nagel International AG (VTX:KNIN) released its first-quarter result to the market. The early response was not positive, with shares down 2.4% to CHF243 in the past week. Revenues were CHF5.5b, 11% below analyst expectations, although losses didn't appear to worsen significantly, with a statutory per-share loss of CHF2.30 being in line with what the analysts anticipated. Following the result, the analysts have updated their earnings model, and it would be good to know whether they think there's been a strong change in the company's prospects, or if it's business as usual. With this in mind, we've gathered the latest statutory forecasts to see what the analysts are expecting for next year.
Check out our latest analysis for Kuehne + Nagel International
