KDDI (KDDIY) to Announce Earnings on Friday

KDDI (OTCMKTS:KDDIY) is projected to issue its results after the market closes on Friday, August 7th. Analysts expect KDDI to announce earnings of $0.2776 per share and revenue of $9.3018 billion for the quarter.

KDDI (OTCMKTS:KDDIY) last posted its quarterly earnings data on Tuesday, May 12th. The company reported $0.27 EPS for the quarter, missing the consensus estimate of $0.90 by ($0.63). The business had revenue of $10.15 billion for the quarter, compared to the consensus estimate of $10.31 billion. On average, analysts expect KDDI to post $3 EPS for the current fiscal year and $3 EPS for the next fiscal year.

KDDI Trading Down 1.3%

KDDIY stock opened at $18.18 on Wednesday. KDDI has a twelve month low of $12.95 and a twelve month high of $19.17. The stock has a market capitalization of $72.86 billion, a price-to-earnings ratio of 14.66, a price-to-earnings-growth ratio of 1.05 and a beta of 0.05. The company has a quick ratio of 0.55, a current ratio of 0.56 and a debt-to-equity ratio of 0.46. The firm’s fifty day simple moving average is $17.23 and its two-hundred day simple moving average is $16.93.

Analysts Set New Price Targets

A number of research firms recently commented on KDDIY. Erste Group Bank raised shares of KDDI to a “strong-buy” rating in a research note on Monday, July 27th. Zacks Research cut KDDI from a “hold” rating to a “strong sell” rating in a report on Tuesday, June 23rd. One research analyst has rated the stock with a Strong Buy rating and one has given a Sell rating to the company. According to MarketBeat, KDDI currently has an average rating of “Moderate Buy”.

KDDI Company Profile

KDDI Corporation (OTCMKTS: KDDIY) is a diversified Japanese telecommunications and information services company headquartered in Tokyo, Japan. Formed in 2000 through the merger of DDI Corporation, KDD Corporation and IDO Corporation, KDDI provides a broad set of connectivity and digital services for both consumer and enterprise customers. The company operates under well-known consumer brands and through a network of subsidiaries and affiliates that deliver telecommunications, internet and ICT solutions.

At its core, KDDI offers mobile communications services (including the “au” consumer brand), fixed-line and broadband internet access, and fiber-optic services.