Koninklijke KPN (OTCMKTS:KKPNF) Issues Quarterly Earnings Results

Koninklijke KPN (OTCMKTS:KKPNF) posted its earnings results on Wednesday. The company reported $0.06 EPS for the quarter, missing the consensus estimate of $0.07 by ($0.01), Zacks reports. The company had revenue of $3.40 billion for the quarter, compared to analyst estimates of $1.65 billion. Koninklijke KPN had a return on equity of 26.25% and a net margin of 15.10%.

Koninklijke KPN Trading Down 1.2%

Shares of Koninklijke KPN stock opened at $4.86 on Wednesday. Koninklijke KPN has a twelve month low of $4.25 and a twelve month high of $5.81. The firm has a market capitalization of $18.90 billion, a PE ratio of 18.69 and a beta of 0.18. The firm’s 50-day moving average price is $5.04 and its 200 day moving average price is $5.18.

Wall Street Analyst Weigh In

Separately, Kepler Capital Markets raised shares of Koninklijke KPN from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, June 24th. One analyst has rated the stock with a Strong Buy rating and one has assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Buy”.

Koninklijke KPN Company Profile

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.