Koninklijke KPN (KKPNF) Projected to Post Earnings on Tuesday

Key Points

• Koninklijke KPN is set to release its earnings report on October 28th, with analysts forecasting earnings of $0.08 per share and revenue of $1.4635 billion for the quarter.
• In the previous quarter, KPN reported $0.06 earnings per share, missing estimates, but achieved a revenue of $3.36 billion, which exceeded analysts' expectations.
• Berenberg Bank recently upgraded KPN's stock to a "strong-buy" rating, contributing to its current average rating of "Moderate Buy" among analysts.

Koninklijke KPN (OTCMKTS:KKPNF - Get Free Report) is anticipated to post its results before the market opens on Tuesday, October 28th. Analysts expect Koninklijke KPN to post earnings of $0.08 per share and revenue of $1.4635 billion for the quarter.

Koninklijke KPN (OTCMKTS:KKPNF - Get Free Report) last issued its quarterly earnings results on Wednesday, July 23rd. The company reported $0.06 earnings per share for the quarter, missing analysts' consensus estimates of $0.07 by ($0.01). The company had revenue of $3.36 billion during the quarter, compared to analysts' expectations of $1.41 billion. Koninklijke KPN had a net margin of 14.34% and a return on equity of 23.15%. 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 Trading Down 3.0%

Shares of Koninklijke KPN stock opened at $4.80 on Tuesday. The firm has a market capitalization of $18.67 billion, a PE ratio of 24.00 and a beta of 0.33. Koninklijke KPN has a twelve month low of $3.49 and a twelve month high of $5.10. The firm's 50-day moving average price is $4.75 and its 200 day moving average price is $4.69. The company has a current ratio of 0.72, a quick ratio of 0.70 and a debt-to-equity ratio of 1.82.

Wall Street Analyst Weigh In

Separately, Berenberg Bank raised shares of Koninklijke KPN to a "strong-buy" rating in a research note on Thursday, June 26th. One investment analyst has rated the stock with a Strong Buy rating and two have given a Hold rating to the stock. According to MarketBeat.com, the company presently has an average rating of "Moderate Buy".

About Koninklijke KPN

Koninklijke KPN N.V. provides telecommunications and information technology (IT) services in the Netherlands. It operates through Consumer; Business; Wholesale; and Network, Operations & IT segments. The company offers fixed and mobile telephony, fixed and mobile broadband internet, and television services to retail and business consumers; infrastructure and network related IT solutions to business customers; and wholesale network services to third parties.

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