Korea Electric Power (NYSE:KEP) Announces Quarterly Earnings Results, Beats Estimates By $0.02 EPS

Korea Electric Power (NYSE:KEP) released its quarterly earnings data on Tuesday. The utilities provider reported $0.57 earnings per share for the quarter, topping analysts’ consensus estimates of $0.55 by $0.02, Zacks reports. Korea Electric Power had a return on equity of 9.64% and a net margin of 4.03%.

Korea Electric Power Stock Up 0.1 %

Shares of Korea Electric Power stock traded up $0.01 on Thursday, reaching $7.67. The stock had a trading volume of 31,240 shares, compared to its average volume of 178,332. Korea Electric Power has a 1 year low of $6.68 and a 1 year high of $9.55. The company has a 50 day moving average price of $7.32 and a 200 day moving average price of $7.70. The company has a quick ratio of 0.30, a current ratio of 0.43 and a debt-to-equity ratio of 2.10. The stock has a market capitalization of $9.84 billion, a P/E ratio of 3.55 and a beta of 0.99.

Analyst Upgrades and Downgrades

Separately, StockNews.com upgraded shares of Korea Electric Power from a “hold” rating to a “buy” rating in a report on Saturday, February 1st.

About Korea Electric Power

Korea Electric Power Corporation, an integrated electric utility company, engages in the generation, transmission, and distribution of electricity in South Korea and internationally. The company operates through Transmission and Distribution, Nuclear Power Generation, Thermal Power Generation, and Others segments.