NTT (NTTYY) to Release Earnings on Friday

Key Points

• NTT will release quarterly results on Friday, May 8; analysts expect EPS $0.2108 and revenue $24.0139 billion for the quarter.
• In the prior quarter NTT reported EPS $0.65, beating consensus by $0.06 with revenue of $23.29 billion, and analysts forecast about $2 EPS for both the current and next fiscal year.
• Shares opened at $24.30 (up 3.6%), with a market cap of $79.42 billion and a P/E of 11.14; Deutsche Bank recently cut its rating from "buy" to "hold", and the consensus rating is Hold.

NTT (OTCMKTS:NTTYY - Get Free Report) is expected to be releasing its resultson Friday, May 8th. Analysts expect NTT to post earnings of $0.2108 per share and revenue of $24.0139 billion for the quarter.

NTT (OTCMKTS:NTTYY - Get Free Report) last released its earnings results on Thursday, February 5th. The company reported $0.65 earnings per share for the quarter, topping analysts' consensus estimates of $0.59 by $0.06. NTT had a return on equity of 10.50% and a net margin of 7.66%.The company had revenue of $23.29 billion during the quarter, compared to the consensus estimate of $23.07 billion. On average, analysts expect NTT to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

NTT Stock Up 3.6%

Shares of OTCMKTS:NTTYY opened at $24.30 on Friday. NTT has a one year low of $23.31 and a one year high of $28.70. The company has a 50 day moving average of $24.28 and a 200-day moving average of $24.81. The company has a debt-to-equity ratio of 1.29, a current ratio of 0.59 and a quick ratio of 0.55. The stock has a market cap of $79.42 billion, a price-to-earnings ratio of 11.14 and a beta of 0.06.

Analysts Set New Price Targets

Separately, Deutsche Bank Aktiengesellschaft cut shares of NTT from a "buy" rating to a "hold" rating in a research report on Friday, February 6th. Two research analysts have rated the stock with a Hold rating, Based on data from MarketBeat.com, the company has an average rating of "Hold".

NTT Company Profile

Nippon Telegraph and Telephone Corporation (NTT) is a Japan-based telecommunications and information technology company. Established as a state-owned entity in 1952 and privatized in 1985, NTT provides a broad array of network services and IT solutions. The company's core offerings include fixed‐line and mobile communications, high‐speed internet services, and network management for enterprise and consumer customers.

NTT's business operations are organized across several key subsidiaries.

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