Koninklijke KPN (OTCMKTS:KKPNF) Releases Earnings Results

Koninklijke KPN (OTCMKTS:KKPNF) announced its quarterly earnings data on Thursday. The company reported $0.05 earnings per share for the quarter, meeting analysts’ consensus estimates 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

Shares of OTCMKTS:KKPNF traded down $0.02 on Thursday, reaching $3.75. The company’s stock had a trading volume of 11,943 shares, compared to its average volume of 12,953. 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’s 50-day moving average is $3.72 and its two-hundred day moving average is $3.90.

Analysts Set New Price Targets

Several research analysts have recently issued reports on the company. Barclays cut Koninklijke KPN from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, December 10th. Sanford C. Bernstein cut shares of Koninklijke KPN from a “strong-buy” rating to a “hold” rating in a research report on Thursday, January 23rd.

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.