Koninklijke KPN (KKPNF) to Release Quarterly Earnings on Thursday

Koninklijke KPN (OTCMKTS:KKPNF) is anticipated to release its results before the market opens on Thursday, January 29th. Analysts expect Koninklijke KPN to post earnings of $0.08 per share and revenue of $1.6969 billion for the quarter.

Koninklijke KPN (OTCMKTS:KKPNF) last announced its earnings results on Tuesday, October 28th. The company reported $0.07 EPS for the quarter, missing analysts’ consensus estimates of $0.08 by ($0.01). The firm had revenue of $3.43 billion for the quarter, compared to analysts’ expectations of $1.46 billion. Koninklijke KPN had a net margin of 14.37% and a return on equity of 23.72%. On average, analysts expect Koninklijke KPN to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Koninklijke KPN Stock Up 2.0%

Shares of OTCMKTS:KKPNF opened at $4.65 on Thursday. The firm has a market capitalization of $18.10 billion, a PE ratio of 21.15 and a beta of 0.28. Koninklijke KPN has a 1 year low of $3.50 and a 1 year high of $5.10. The company has a debt-to-equity ratio of 1.82, a current ratio of 0.72 and a quick ratio of 0.70. The firm’s 50-day moving average is $4.56 and its two-hundred day moving average is $4.66.

Wall Street Analysts Forecast Growth

Separately, Zacks Research raised Koninklijke KPN from a “strong sell” rating to a “hold” rating in a report on Tuesday, December 16th. One investment analyst has rated the stock with a Strong Buy rating and two have issued a Hold rating to the stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy”.

Koninklijke KPN Company Profile

Koninklijke KPN N.V. (Royal KPN) is a Dutch telecommunications and ICT services company headquartered in The Hague. The group traces its origins to the Dutch national postal and telecommunications service and evolved into a privatized commercial operator. KPN is primarily listed on Euronext Amsterdam and its American depositary receipts trade over the counter under the symbol KKPNF.

KPN’s core activities cover a full range of telecommunications and digital infrastructure services. For consumer markets it offers fixed-line and mobile voice services, broadband internet, television and bundled connectivity packages.