KDDI (KDDIY) Projected to Post Quarterly Earnings on Wednesday
KDDI (OTCMKTS:KDDIY) is set to release its quarterly earnings on February 11, with analysts predicting earnings of $0.3288 per share and revenue of $10.1477 billion. The previous quarter, KDDI reported $0.37 EPS, surpassing estimates. The stock has seen an 11.4% decline, opening at $15.71, with a market cap of $59.81 billion. Zacks Research upgraded KDDI from 'strong sell' to 'hold'. Currently, KDDI holds an average analyst rating of 'hold'.
KDDI (OTCMKTS:KDDIY - Get Free Report) is expected to be releasing its results before the market opens on Wednesday, February 11th. Analysts expect KDDI to post earnings of $0.3288 per share and revenue of $10.1477 billion for the quarter.
KDDI (OTCMKTS:KDDIY - Get Free Report) last posted its quarterly earnings results on Thursday, November 6th. The company reported $0.37 EPS for the quarter, beating the consensus estimate of $0.33 by $0.04. The company had revenue of $9.90 billion during the quarter, compared to analyst estimates of $10.40 billion.
KDDI Stock Down 11.4%
Shares of KDDIY opened at $15.71 on Friday. KDDI has a 52-week low of $9.06 and a 52-week high of $19.09. The company has a quick ratio of 0.54, a current ratio of 0.56 and a debt-to-equity ratio of 0.40. The stock has a fifty day simple moving average of $17.15 and a two-hundred day simple moving average of $16.86. The company has a market capitalization of $59.81 billion, a PE ratio of 12.47 and a beta of 0.04.
Analyst Ratings Changes
Separately, Zacks Research raised KDDI from a "strong sell" rating to a "hold" rating in a research note on Monday, December 8th. One analyst has rated the stock with a Hold rating, According to data from MarketBeat.com, the company presently has an average rating of "Hold".
Check Out Our Latest Analysis on KDDI
KDDI Company Profile
(Get Free Report)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.
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