NTT (NTTYY) Projected to Post Earnings on Thursday

NTT (OTCMKTS:NTTYY) is expected to be announcing its results after the market closes on Thursday, August 6th. Analysts expect NTT to post earnings of $0.46 per share and revenue of $21.5744 billion for the quarter.

NTT (OTCMKTS:NTTYY) last announced its earnings results on Friday, May 8th. The company reported $0.22 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.21 by $0.01. The firm had revenue of $25.46 billion during the quarter, compared to analysts’ expectations of $24.01 billion. NTT had a return on equity of 10.39% and a net margin of 7.26%. On average, analysts expect NTT to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

NTT Trading Down 1.6%

OTCMKTS:NTTYY opened at $23.80 on Wednesday. The company has a market capitalization of $77.80 billion, a PE ratio of 11.33, a P/E/G ratio of 4.04 and a beta of 0.04. NTT has a 52-week low of $21.47 and a 52-week high of $28.38. The stock’s 50 day moving average price is $23.07 and its 200 day moving average price is $23.96. The company has a quick ratio of 0.48, a current ratio of 0.51 and a debt-to-equity ratio of 1.11.

Analyst Upgrades and Downgrades

Separately, Zacks Research raised NTT from a “hold” rating to a “strong-buy” rating in a report on Tuesday, June 30th. One investment analyst has rated the stock with a Strong Buy rating and one has given a Hold rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Buy”.

NTT Company Profile

Nippon Telegraph and Telephone Corporation (NTT) is a Japan-based telecommunications and information technology company. Established as a state-owned entity in 1952 and privatized in 1985, NTT provides a broad array of network services and IT solutions. The company’s core offerings include fixed‐line and mobile communications, high‐speed internet services, and network management for enterprise and consumer customers.

NTT’s business operations are organized across several key subsidiaries.