KDDI (KDDIY) Expected to Release Earnings on Friday

Key Points

• KDDI is expected to report quarterly results after the market closes on Friday, November 6. Analysts forecast earnings of $0.31 per share on revenue of $10.01 billion.
• In its previous quarter, KDDI reported $0.32 EPS and $9.40 billion in revenue, exceeding analyst estimates of $0.28 EPS and $9.31 billion in revenue.
• Analyst sentiment is strongly positive: Zacks Research and Erste Group Bank upgraded KDDI to “strong buy,” and the stock has a consensus “Strong Buy” rating.

KDDI (OTCMKTS:KDDIY - Get Free Report) is projected to release its results after the market closes on Friday, November 6th. Analysts expect KDDI to post earnings of $0.31 per share and revenue of $10.01 billion for the quarter.

KDDI (OTCMKTS:KDDIY - Get Free Report) last issued its quarterly earnings data on Friday, August 7th. The company reported $0.32 earnings per share for the quarter, topping analysts' consensus estimates of $0.28 by $0.04. The firm had revenue of $9.40 billion during the quarter, compared to analyst estimates of $9.31 billion. On average, analysts expect KDDI to post $1.29 EPS for the current fiscal year and $1.38 EPS for the next fiscal year.

KDDI Stock Performance

OTCMKTS:KDDIY opened at $17.53 on Friday. KDDI has a 1 year low of $14.67 and a 1 year high of $20.54. The firm's fifty day simple moving average is $18.65 and its 200 day simple moving average is $17.42. The company has a current ratio of 0.53, a quick ratio of 0.52 and a debt-to-equity ratio of 0.44. The firm has a market capitalization of $70.25 billion, a PE ratio of 13.91, a PEG ratio of 1.83 and a beta of 0.09.

Analysts Set New Price Targets

Several equities research analysts have recently issued reports on KDDIY shares. Zacks Research raised KDDI from a "hold" rating to a "strong-buy" rating in a research report on Friday, October 2nd. Erste Group Bank raised KDDI to a "strong-buy" rating in a research report on Monday, July 27th. Two analysts have rated the stock with a Strong Buy rating. According to data from MarketBeat.com, KDDI currently has a consensus rating of "Strong Buy".

KDDI Company Profile

KDDI Corporation is a Japanese telecommunications company that provides communications, technology and digital services to consumers, businesses and government organizations. Its offerings include mobile voice and data services, fixed-line telecommunications, broadband internet, network connectivity and related information technology solutions.

KDDI markets consumer services under brands such as au, UQ mobile and povo, and also provides smartphones, internet access, digital content, financial services and other lifestyle products.

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