KDDI (KDDIY) Projected to Post Quarterly Earnings on Wednesday

KDDI (OTCMKTS:KDDIY) is projected to issue its results before the market opens on Wednesday, February 11th. Analysts expect the company to announce earnings of $0.3288 per share and revenue of $10.1477 billion for the quarter.

KDDI (OTCMKTS:KDDIY) last released its earnings results on Thursday, November 6th. The company reported $0.37 earnings per share for the quarter, topping the consensus estimate of $0.33 by $0.04. The business had revenue of $9.90 billion for the quarter, compared to the consensus estimate of $10.40 billion.

KDDI Trading Down 11.4%

OTCMKTS KDDIY opened at $15.71 on Monday. The stock has a market cap of $59.81 billion, a PE ratio of 12.47 and a beta of 0.04. KDDI has a 12 month low of $9.06 and a 12 month high of $19.09. The company’s 50-day moving average price is $17.15 and its 200-day moving average price is $16.86. The company has a current ratio of 0.56, a quick ratio of 0.54 and a debt-to-equity ratio of 0.40.

Analyst Ratings Changes

Separately, Zacks Research upgraded shares of KDDI from a “strong sell” rating to a “hold” rating in a research note on Monday, December 8th. One equities research analyst has rated the stock with a Hold rating, Based on data from MarketBeat.com, KDDI currently has an average rating of “Hold”.

About KDDI

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.