Koninklijke KPN (OTCMKTS:KKPNF) Releases Quarterly Earnings Results, Hits Estimates

Koninklijke KPN (OTCMKTS:KKPNF) issued its earnings results on Wednesday. The company reported $0.07 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.07, Zacks reports. Koninklijke KPN had a net margin of 15.20% and a return on equity of 26.34%. The company had revenue of $3.32 billion for the quarter, compared to analysts’ expectations of $3.32 billion.

Koninklijke KPN Stock Performance

Shares of OTCMKTS KKPNF traded up $0.18 during trading hours on Friday, reaching $4.93. 739 shares of the stock were exchanged, compared to its average volume of 52,087. The company has a debt-to-equity ratio of 1.86, a quick ratio of 0.63 and a current ratio of 0.66. The stock’s fifty day simple moving average is $4.62 and its 200 day simple moving average is $5.01. Koninklijke KPN has a 52 week low of $4.18 and a 52 week high of $5.81. The firm has a market capitalization of $19.17 billion, a price-to-earnings ratio of 18.96 and a beta of 0.19.

Koninklijke KPN Company Profile

Koninklijke KPN N.V. is a telecommunications company headquartered in the Netherlands. The company provides mobile and fixed-line communications services to consumers, businesses and public-sector organizations, primarily within the Dutch market.

KPN’s consumer offerings include mobile connectivity, broadband internet, fixed-line telephone services and television. The company also provides related digital services and operates communications networks that support voice, data and internet traffic.

Through its business activities, KPN serves small and medium-sized enterprises, large corporations and government customers with connectivity, workplace communications, cloud, cybersecurity and other information and communications technology solutions.