Chunghwa Telecom (NYSE:CHT - Get Free Report) issued an update on its FY 2024 earnings guidance on Friday morning. The company provided EPS guidance of 0.150-0.150 for the period. The company issued revenue guidance of $7.3 billion-$7.3 billion.
Wall Street Analyst Weigh In
Separately, StockNews.com cut Chunghwa Telecom from a buy rating to a hold rating in a report on Thursday, February 22nd.
Check Out Our Latest Stock Report on CHT
Chunghwa Telecom Trading Up 1.4 %
Shares of NYSE:CHT traded up $0.54 during trading on Friday, reaching $38.28. The stock had a trading volume of 79,725 shares, compared to its average volume of 81,132. The company has a quick ratio of 1.35, a current ratio of 1.52 and a debt-to-equity ratio of 0.08. The stock has a market cap of $29.70 billion, a P/E ratio of 25.02 and a beta of 0.18. The business has a fifty day moving average price of $38.49 and a 200-day moving average price of $37.93. Chunghwa Telecom has a fifty-two week low of $35.44 and a fifty-two week high of $41.58.
Chunghwa Telecom (NYSE:CHT - Get Free Report) last issued its quarterly earnings results on Tuesday, January 30th. The utilities provider reported $0.33 earnings per share (EPS) for the quarter. The firm had revenue of $1.94 billion for the quarter. Chunghwa Telecom had a return on equity of 9.38% and a net margin of 16.57%. As a group, analysts anticipate that Chunghwa Telecom will post 1.5 earnings per share for the current fiscal year.
Chunghwa Telecom Company Profile
(
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Chunghwa Telecom Co, Ltd., together with its subsidiaries, provides telecommunication services in Taiwan and internationally. It operates through Consumer Business, Enterprise Business, International Business, and Others segments. The company offers local, domestic long distance, and international long distance fixed-line telephone services; mobile services such as prepaid and postpaid plans; broadband plans; and internet and data services.
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