KDDI (KDDIY) to Post Quarterly Earnings on Friday

KDDI (OTCMKTS:KDDIY) is expected to be issuing its results after the market closes on Friday, August 7th. Analysts expect KDDI to announce earnings of $0.2776 per share and revenue of $9.3018 billion for the quarter.

KDDI (OTCMKTS:KDDIY) last posted its earnings results on Tuesday, May 12th. The company reported $0.27 earnings per share for the quarter, missing analysts’ consensus estimates of $0.90 by ($0.63). The business had revenue of $10.15 billion during the quarter, compared to analyst estimates of $10.31 billion. On average, analysts expect KDDI to post $3 EPS for the current fiscal year and $3 EPS for the next fiscal year.

KDDI Trading Down 0.7%

Shares of KDDIY opened at $18.05 on Thursday. KDDI has a twelve month low of $12.95 and a twelve month high of $19.17. The stock has a market cap of $72.33 billion, a PE ratio of 14.56, a P/E/G ratio of 1.04 and a beta of 0.05. 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’s 50-day moving average price is $17.25 and its 200-day moving average price is $16.94.

Analyst Ratings Changes

KDDIY has been the subject of several research analyst reports. Zacks Research lowered KDDI from a “hold” rating to a “strong sell” rating in a research note on Tuesday, June 23rd. Erste Group Bank upgraded KDDI to a “strong-buy” rating in a research note on Monday, July 27th. One investment analyst has rated the stock with a Strong Buy rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy”.

KDDI Company Profile

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.