Koninklijke KPN (OTCMKTS:KKPNF) Releases Quarterly Earnings Results, Misses Expectations By $0.01 EPS

Koninklijke KPN (OTCMKTS:KKPNF) released its earnings results on Wednesday. The company reported $0.07 earnings per share for the quarter, missing analysts’ consensus estimates of $0.08 by ($0.01), Zacks reports. Koninklijke KPN had a net margin of 14.37% and a return on equity of 23.72%.

Koninklijke KPN Trading Up 6.2%

Shares of KKPNF stock opened at $4.97 on Wednesday. The company has a current ratio of 0.72, a quick ratio of 0.70 and a debt-to-equity ratio of 1.82. The stock has a market capitalization of $19.33 billion, a price-to-earnings ratio of 22.59 and a beta of 0.28. Koninklijke KPN has a 12-month low of $3.50 and a 12-month high of $5.10. The stock’s 50-day moving average price is $4.58 and its 200-day moving average price is $4.66.

Analyst Upgrades and Downgrades

Separately, Zacks Research raised Koninklijke KPN from a “strong sell” rating to a “hold” rating in a research note on Tuesday, December 16th. One equities research analyst has rated the stock with a Strong Buy rating and one has assigned a Hold rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Buy”.

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.