Koninklijke KPN (OTCMKTS:KKPNF) Announces Earnings Results

Koninklijke KPN (OTCMKTS:KKPNF) posted its quarterly earnings results on Wednesday. The company reported $0.06 earnings per share for the quarter, missing analysts’ consensus estimates of $0.07 by ($0.01), Zacks reports. Koninklijke KPN had a return on equity of 26.25% and a net margin of 15.10%.

Koninklijke KPN Stock Performance

Shares of OTCMKTS KKPNF opened at $4.83 on Thursday. Koninklijke KPN has a 52-week low of $4.25 and a 52-week high of $5.81. The business has a fifty day moving average of $5.03 and a two-hundred day moving average of $5.18. The stock has a market cap of $18.78 billion, a PE ratio of 18.58 and a beta of 0.18.

Wall Street Analyst Weigh In

Separately, Kepler Capital Markets raised shares of Koninklijke KPN from a “hold” rating to a “strong-buy” rating in a report on Wednesday, June 24th. One analyst has rated the stock with a Strong Buy rating and one has given a Hold rating to the company. According to MarketBeat.com, Koninklijke KPN has an average rating of “Buy”.

About Koninklijke KPN

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.