|Bid||0.00 x 400000|
|Ask||0.00 x 400000|
|Day's Range||50.20 - 51.49|
|52 Week Range||24.88 - 51.49|
|Beta (5Y Monthly)||0.98|
|PE Ratio (TTM)||21.82|
|Forward Dividend & Yield||1.35 (2.77%)|
|Ex-Dividend Date||May 07, 2021|
|1y Target Est||40.26|
BERLIN (Reuters) -German logistics company Deutsche Post raised its financial outlook again on Wednesday after more than tripling its operating earnings in the first quarter, predicting e-commerce will keep booming and global trade will rebound. Deutsche Post DHL raised its operating profit forecast to more than 6.7 billion euros ($8.05 billion) in 2021 and more than 7 billion in 2023, up from a previous expectation of over 5.6 billion and over 6 billion, respectively. Deutsche Post, one of the world's biggest logistics companies, reported its first-quarter operating profit jumped to 1.9 billion euros on revenues up 22% to 18.9 billion.
Deutsche Post DHL has raised its earnings guidance again for a third time this year, after the ecommerce boom powered one of the world’s largest logistics companies to its best-ever first quarter. The rebound in world trade was another factor in prompting the Bonn-headquartered group to lift its forecast earnings before interest and tax to more than €6.7bn in 2021 and more than €7bn in 2023. DHL had in April flagged its increased expectations, after originally raising them in March.
Deutsche Post AG (DPSGY) possesses solid growth attributes, which could help it handily outperform the market.