Koninklijke KPN (OTCMKTS:KKPNF) Releases Earnings Results, Hits Expectations

Koninklijke KPN (OTCMKTS:KKPNF) announced its quarterly earnings data on Thursday. The company reported $0.05 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.05, Zacks reports. Koninklijke KPN had a return on equity of 23.14% and a net margin of 14.95%.

Koninklijke KPN Price Performance

KKPNF stock traded down $0.02 on Thursday, reaching $3.75. The company had a trading volume of 11,943 shares, compared to its average volume of 12,953. The company has a debt-to-equity ratio of 1.46, a current ratio of 0.70 and a quick ratio of 0.68. The company’s fifty day moving average is $3.72 and its 200 day moving average is $3.90. Koninklijke KPN has a 1 year low of $3.36 and a 1 year high of $4.32.

Analyst Upgrades and Downgrades

KKPNF has been the topic of a number of recent analyst reports. Sanford C. Bernstein cut shares of Koninklijke KPN from a “strong-buy” rating to a “hold” rating in a research note on Thursday, January 23rd. Barclays cut Koninklijke KPN from a “strong-buy” rating to a “hold” rating in a report on Tuesday, December 10th.

Koninklijke KPN Company Profile

Koninklijke KPN N.V. provides telecommunications and information technology (IT) services in the Netherlands. It operates through Consumer; Business; Wholesale; and Network, Operations & IT segments. The company offers fixed and mobile telephony, fixed and mobile broadband internet, and television services to retail and business consumers; infrastructure and network related IT solutions to business customers; and wholesale network services to third parties.