KDDI (KDDIY) Expected to Announce Earnings on Friday

KDDI (OTCMKTS:KDDIY) is expected to issue its results after the market closes on Friday, November 6th. Analysts expect KDDI to post earnings of $0.31 per share and revenue of $10.01 billion for the quarter.

KDDI (OTCMKTS:KDDIY) last issued its earnings results on Friday, August 7th. The company reported $0.32 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.28 by $0.04. The firm had revenue of $9.40 billion during the quarter, compared to the consensus estimate of $9.31 billion. On average, analysts expect KDDI to post $1.29 EPS for the current fiscal year and $1.38 EPS for the next fiscal year.

KDDI Stock Up 0.0%

Shares of OTCMKTS KDDIY opened at $17.86 on Thursday. The company has a quick ratio of 0.52, a current ratio of 0.53 and a debt-to-equity ratio of 0.44. KDDI has a 52 week low of $14.67 and a 52 week high of $20.54. The firm’s fifty day moving average is $18.63 and its 200 day moving average is $17.43. The company has a market cap of $71.57 billion, a price-to-earnings ratio of 14.17, a PEG ratio of 1.85 and a beta of 0.14.

Wall Street Analyst Weigh In

Several equities research analysts have weighed in on KDDIY shares. Zacks Research raised shares of KDDI from a “hold” rating to a “strong-buy” rating in a research report on Friday, October 2nd. Erste Group Bank raised shares of KDDI to a “strong-buy” rating in a research note on Monday, July 27th. Two analysts have rated the stock with a Strong Buy rating. According to MarketBeat.com, the company has a consensus rating of “Strong Buy”.

About KDDI

KDDI Corporation is a Japanese telecommunications company that provides communications, technology and digital services to consumers, businesses and government organizations. Its offerings include mobile voice and data services, fixed-line telecommunications, broadband internet, network connectivity and related information technology solutions.

KDDI markets consumer services under brands such as au, UQ mobile and povo, and also provides smartphones, internet access, digital content, financial services and other lifestyle products.