Koninklijke KPN (KKPNF) Projected to Release Quarterly Earnings on Wednesday

Koninklijke KPN (OTCMKTS:KKPNF) is projected to issue its resultson Wednesday, July 22nd. Analysts expect Koninklijke KPN to post earnings of $0.07 per share and revenue of $1.6507 billion for the quarter.

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

Shares of KKPNF opened at $5.00 on Wednesday. The company has a market cap of $19.44 billion, a price-to-earnings ratio of 19.23 and a beta of 0.18. The stock has a fifty day moving average price of $5.09 and a two-hundred day moving average price of $5.17. Koninklijke KPN has a 52-week low of $4.25 and a 52-week high of $5.81.

Wall Street Analysts Forecast Growth

Separately, Kepler Capital Markets upgraded shares of Koninklijke KPN from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, June 24th. One analyst has rated the stock with a Strong Buy rating and one has given a Hold rating to the company’s stock. According to MarketBeat, the stock presently has an average 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.