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AP Moller Maersk Q3 Earnings

Upgrades FY Guidance Based On Third Quarter Performance - Sees FY Underlying EBIT: $8B To $8.5B (previously $4.5B To $6.5B) - Sees FY Underlying EBITDA: $14B To $14.5B (est $14.03B) - Still Sees FY Global Container Trade Growth Of About 4% - Revenue: $18.10B (est $18.15B) - EBITDA: $4.71B (est $5.27B) - EBIT: $3.27B (est $3.61B) - Ocean Revenue: $12.58B - Ocean EBITDA: $3.70B (est $4.4B) - Ocean Loaded Freight Rate ($/FFE): $3,287 (est $3,219) - Terminals Revenue: $1.52B - Terminals EBITDA: $551M (est $516.9M) - Logistics & Services Revenue: $4.49B - Logistics & Services EBITDA: $519M (est $491.1M)

Story updates

07:07:02 AM UTC
SquawkNews
A.P. Moller-Maersk: 3Q Supported By Earnings Growth in Logistics & Services, Higher Rev and EBITDA in Terminals
07:15:02 AM UTC
SquawkNews
AP Moller Maersk Q3 Earnings

Upgrades FY Guidance Based On Third Quarter Performance - Sees FY Underlying EBIT: $8B To $8.5B (previously $4.5B To $6.5B) - Sees FY Underlying EBITDA: $14B To $14.5B (est $14.03B) - Still Sees FY Global Container Trade Growth Of About 4% - Revenue: $18.10B (est $18.15B) - EBITDA: $4.71B (est $5.27B) - EBIT: $3.27B (est $3.61B) - Ocean Revenue: $12.58B - Ocean EBITDA: $3.70B (est $4.4B) - Ocean Loaded Freight Rate ($/FFE): $3,287 (est $3,219) - Terminals Revenue: $1.52B - Terminals EBITDA: $551M (est $516.9M) - Logistics & Services Revenue: $4.49B - Logistics & Services EBITDA: $519M (est $491.1M)

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