Koninklijke KPN (KKPNF) Projected to Release Earnings on Wednesday

Koninklijke KPN (OTCMKTS:KKPNF) is expected to be issuing its resultson Wednesday, July 22nd. Analysts expect Koninklijke KPN to post earnings of $0.07 per share and revenue of $1.6561 billion for the quarter.

Koninklijke KPN (OTCMKTS:KKPNF) last announced its quarterly earnings results on Wednesday, April 29th. The company reported $0.06 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.07 by ($0.01). The firm had revenue of $3.43 billion for the quarter, compared to analysts’ expectations of $1.71 billion. Koninklijke KPN had a return on equity of 26.25% and a net margin of 15.10%. 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 Performance

KKPNF stock opened at $4.96 on Monday. Koninklijke KPN has a one year low of $4.25 and a one year high of $5.81. The firm’s fifty day moving average is $5.05 and its 200 day moving average is $5.18. The firm has a market cap of $19.29 billion, a PE ratio of 19.08 and a beta of 0.18.

Wall Street Analyst Weigh In

Separately, Kepler Capital Markets upgraded Koninklijke KPN from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, June 24th. One research analyst has rated the stock with a Strong Buy rating and one has issued a Hold rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Buy”.

About Koninklijke KPN

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.