NTT (NTTYY) to Post Earnings on Thursday

NTT (OTCMKTS:NTTYYGet Free Report) is anticipated to announce its results after the market closes on Thursday, August 6th. Analysts expect NTT to post earnings of $0.46 per share and revenue of $21.5744 billion for the quarter.

NTT (OTCMKTS:NTTYYGet Free Report) last announced its earnings results on Friday, May 8th. The company reported $0.22 EPS for the quarter, beating analysts’ consensus estimates of $0.21 by $0.01. The business had revenue of $25.46 billion during the quarter, compared to analysts’ expectations of $24.01 billion. NTT had a net margin of 7.26% and a return on equity of 10.39%. On average, analysts expect NTT to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

NTT Trading Up 0.9%

Shares of NTT stock opened at $24.19 on Tuesday. The company’s fifty day simple moving average is $23.06 and its 200-day simple moving average is $23.97. The stock has a market capitalization of $79.07 billion, a PE ratio of 11.52, a P/E/G ratio of 4.01 and a beta of 0.04. NTT has a 1-year low of $21.47 and a 1-year high of $28.38. The company has a debt-to-equity ratio of 1.11, a current ratio of 0.51 and a quick ratio of 0.48.

Analysts Set New Price Targets

Separately, Zacks Research raised NTT from a “hold” rating to a “strong-buy” rating in a report on Tuesday, June 30th. One equities research analyst has rated the stock with a Strong Buy rating and one has issued a Hold rating to the company’s stock. Based on data from MarketBeat, NTT presently has a consensus rating of “Buy”.

View Our Latest Research Report on NTT

About NTT

(Get Free Report)

Nippon Telegraph and Telephone Corporation (NTT) is a Japan-based telecommunications and information technology company. Established as a state-owned entity in 1952 and privatized in 1985, NTT provides a broad array of network services and IT solutions. The company’s core offerings include fixed?line and mobile communications, high?speed internet services, and network management for enterprise and consumer customers.

NTT’s business operations are organized across several key subsidiaries.

See Also

Earnings History for NTT (OTCMKTS:NTTYY)

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