Koninklijke KPN (OTCMKTS:KKPNF) Issues Earnings Results, Misses Expectations By $0.01 EPS

Koninklijke KPN (OTCMKTS:KKPNF) announced its quarterly earnings data on Wednesday. The company reported $0.07 earnings per share for the quarter, missing the consensus estimate of $0.08 by ($0.01), Zacks reports. Koninklijke KPN had a return on equity of 23.72% and a net margin of 14.37%.

Koninklijke KPN Trading Down 2.0%

Shares of KKPNF traded down $0.10 during trading hours on Wednesday, reaching $4.87. The stock had a trading volume of 4,016 shares, compared to its average volume of 39,038. The company has a market cap of $18.94 billion, a P/E ratio of 22.13 and a beta of 0.28. Koninklijke KPN has a 52 week low of $3.50 and a 52 week high of $5.10. The company has a quick ratio of 0.70, a current ratio of 0.72 and a debt-to-equity ratio of 1.82. The firm has a 50-day moving average of $4.58 and a 200 day moving average of $4.66.

Wall Street Analysts Forecast Growth

Separately, Zacks Research upgraded shares of Koninklijke KPN from a “strong sell” rating to a “hold” rating in a research report on Tuesday, December 16th. One research analyst has rated the stock with a Strong Buy rating and one has given a Hold rating to the company’s stock. Based on data from 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.