KDDI (KDDIY) Projected to Post Quarterly Earnings on Wednesday

KDDI (OTCMKTS:KDDIY) is anticipated to issue its results before the market opens on Wednesday, February 11th. Analysts expect the company to announce earnings of $0.3288 per share and revenue of $10.1477 billion for the quarter.

KDDI (OTCMKTS:KDDIY) last posted its quarterly earnings data on Thursday, November 6th. The company reported $0.37 EPS for the quarter, beating analysts’ consensus estimates of $0.33 by $0.04. The business had revenue of $9.90 billion during the quarter, compared to analyst estimates of $10.40 billion.

KDDI Price Performance

Shares of KDDIY opened at $15.71 on Friday. The company has a market capitalization of $59.81 billion, a price-to-earnings ratio of 12.47 and a beta of 0.04. KDDI has a fifty-two week low of $9.06 and a fifty-two week high of $19.09. The firm has a 50-day simple moving average of $17.15 and a 200-day simple moving average of $16.86. The company has a debt-to-equity ratio of 0.40, a quick ratio of 0.54 and a current ratio of 0.56.

Analyst Upgrades and Downgrades

Separately, Zacks Research upgraded KDDI from a “strong sell” rating to a “hold” rating in a research note on Monday, December 8th. One research analyst has rated the stock with a Hold rating, According to data from MarketBeat, the stock presently has an average rating of “Hold”.

KDDI Company Profile

KDDI Corporation (OTCMKTS: KDDIY) is a diversified Japanese telecommunications and information services company headquartered in Tokyo, Japan. Formed in 2000 through the merger of DDI Corporation, KDD Corporation and IDO Corporation, KDDI provides a broad set of connectivity and digital services for both consumer and enterprise customers. The company operates under well-known consumer brands and through a network of subsidiaries and affiliates that deliver telecommunications, internet and ICT solutions.

At its core, KDDI offers mobile communications services (including the “au” consumer brand), fixed-line and broadband internet access, and fiber-optic services.