Koninklijke KPN (OTCMKTS:KKPNF) Issues Quarterly Earnings Results, Hits Expectations

Koninklijke KPN (OTCMKTS:KKPNF) announced its quarterly earnings data on Thursday. The company reported $0.05 earnings per share for the quarter, hitting the consensus estimate of $0.05, Zacks reports. Koninklijke KPN had a return on equity of 23.14% and a net margin of 14.95%.

Koninklijke KPN Stock Down 3.0 %

OTCMKTS KKPNF opened at $3.60 on Friday. The company has a debt-to-equity ratio of 1.46, a current ratio of 0.70 and a quick ratio of 0.68. Koninklijke KPN has a 52 week low of $3.36 and a 52 week high of $4.32. The stock has a fifty day moving average of $3.71 and a 200-day moving average of $3.89.

Analyst Ratings Changes

A number of brokerages have weighed in on KKPNF. Barclays cut Koninklijke KPN from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, December 10th. Sanford C. Bernstein lowered Koninklijke KPN from a “strong-buy” rating to a “hold” rating in a research note on Thursday, January 23rd.

Koninklijke KPN Company Profile

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.