Erste Group Bank Has Optimistic View of KDDI FY2027 Earnings

KDDI Corporation Unsponsored ADR (OTCMKTS:KDDIY) – Equities researchers at Erste Group Bank raised their FY2027 EPS estimates for shares of KDDI in a note issued to investors on Thursday, August 27th. Erste Group Bank analyst H. Engel now forecasts that the company will earn $1.24 per share for the year, up from their prior forecast of $1.20. Erste Group Bank currently has a “Strong-Buy” rating on the stock. The consensus estimate for KDDI’s current full-year earnings is $2.61 per share. Erste Group Bank also issued estimates for KDDI’s FY2028 earnings at $1.33 EPS.

Separately, Zacks Research raised shares of KDDI from a “strong sell” rating to a “hold” rating in a report on Monday, August 17th. One analyst has rated the stock with a Strong Buy rating and one has issued a Hold rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Buy”.

KDDI Stock Up 1.2%

KDDIY stock opened at $18.71 on Monday. KDDI has a twelve month low of $12.95 and a twelve month high of $19.52. The company has a quick ratio of 0.55, a current ratio of 0.56 and a debt-to-equity ratio of 0.46. The business has a 50 day moving average of $17.72 and a 200 day moving average of $17.10. The firm has a market cap of $74.98 billion, a PE ratio of 14.85, a price-to-earnings-growth ratio of 1.05 and a beta of 0.05.

KDDI (OTCMKTS:KDDIY) last issued its quarterly earnings results on Friday, August 7th. The company reported $0.32 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.28 by $0.04. The business had revenue of $9.40 billion for the quarter, compared to analysts’ expectations of $9.31 billion.

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.