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

Korea Electric Power (NYSE:KEP) posted its quarterly earnings results on Tuesday. The utilities provider reported $0.57 EPS for the quarter, beating the consensus estimate of $0.55 by $0.02, Zacks reports. The firm had revenue of $16.82 billion during the quarter, compared to analysts’ expectations of $17.04 billion. Korea Electric Power had a return on equity of 9.64% and a net margin of 4.03%.

Korea Electric Power Trading Down 0.3 %

Shares of KEP traded down $0.03 during midday trading on Thursday, hitting $7.64. 52,771 shares of the stock were exchanged, compared to its average volume of 178,545. The stock has a fifty day simple moving average of $7.32 and a 200 day simple moving average of $7.70. Korea Electric Power has a 52-week low of $6.68 and a 52-week high of $9.55. The firm has a market cap of $9.80 billion, a P/E ratio of 3.53 and a beta of 0.99. The company has a debt-to-equity ratio of 2.10, a quick ratio of 0.30 and a current ratio of 0.43.

Wall Street Analyst Weigh In

Separately, StockNews.com raised shares of Korea Electric Power from a “hold” rating to a “buy” rating in a research 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.