Koninklijke KPN (OTCMKTS:KKPNF) Shares Gap Down - Here's What Happened

Key Points

• Koninklijke KPN shares gapped down Wednesday, opening at $5.0520 after a $5.39 close and last trading at $5.0520 on a volume of 925 shares.
• The company reported quarterly EPS of $0.07, missing the $0.08 consensus while revenue of $1.73 billion beat estimates of $1.70 billion; analysts expect full-year EPS of $0.28.
• Key metrics: market capitalization of $20.71 billion, P/E of 22.19, 50-day/200-day moving averages of $5.51/$4.99, and a beta of 0.24.

Koninklijke KPN NV (OTCMKTS:KKPNF - Get Free Report)'s stock price gapped down before the market opened on Wednesday . The stock had previously closed at $5.39, but opened at $5.0520. Koninklijke KPN shares last traded at $5.0520, with a volume of 925 shares.

Koninklijke KPN Stock Performance

The company has a 50-day moving average price of $5.51 and a 200-day moving average price of $4.99. The firm has a market capitalization of $20.71 billion, a price-to-earnings ratio of 22.19 and a beta of 0.24.

Koninklijke KPN (OTCMKTS:KKPNF - Get Free Report) last released its quarterly earnings data on Wednesday, January 28th. The company reported $0.07 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.08 by ($0.01). The business had revenue of $1.73 billion for the quarter, compared to analyst estimates of $1.70 billion. Koninklijke KPN had a return on equity of 24.84% and a net margin of 14.72%. On average, research analysts expect that Koninklijke KPN NV will post 0.28 earnings per share for the current fiscal year.

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.

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