Koninklijke KPN (OTCMKTS:KKPNF) Releases Quarterly Earnings Results, Meets Expectations

Koninklijke KPN (OTCMKTS:KKPNF) released its earnings results on Thursday. The company reported $0.05 EPS for the quarter, meeting the consensus estimate of $0.05, Zacks reports. Koninklijke KPN had a net margin of 14.95% and a return on equity of 23.14%.

Koninklijke KPN Stock Performance

KKPNF opened at $3.71 on Friday. Koninklijke KPN has a fifty-two week low of $3.36 and a fifty-two week high of $4.32. The company has a current ratio of 0.70, a quick ratio of 0.68 and a debt-to-equity ratio of 1.46. The firm’s fifty day moving average price is $3.72 and its two-hundred day moving average price is $3.90.

Analyst Ratings Changes

KKPNF has been the topic of several research reports. Sanford C. Bernstein downgraded shares of Koninklijke KPN from a “strong-buy” rating to a “hold” rating in a report on Thursday, January 23rd. Barclays lowered Koninklijke KPN from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, December 10th.

About Koninklijke KPN

Koninklijke KPN N.V. provides telecommunications and information technology (IT) services in the Netherlands. It operates through Consumer; Business; Wholesale; and Network, Operations & IT segments. The company offers fixed and mobile telephony, fixed and mobile broadband internet, and television services to retail and business consumers; infrastructure and network related IT solutions to business customers; and wholesale network services to third parties.