KDDI (OTCMKTS:KDDIY) Releases FY 2024 Earnings Guidance

KDDI (OTCMKTS:KDDIY) issued an update on its FY 2024 earnings guidance on Friday morning. The company provided EPS guidance of 2.280-2.280 for the period. The company issued revenue guidance of $38.8 billion-$38.8 billion.

KDDI Price Performance

Shares of OTCMKTS:KDDIY traded up $0.47 during trading on Monday, reaching $16.03. The stock had a trading volume of 155,600 shares, compared to its average volume of 277,164. The stock has a market capitalization of $70.27 billion, a PE ratio of 15.72 and a beta of 0.06. KDDI has a 52 week low of $12.80 and a 52 week high of $17.64. The business’s 50-day moving average price is $16.29 and its 200 day moving average price is $14.92. The company has a debt-to-equity ratio of 0.31, a current ratio of 0.68 and a quick ratio of 0.66.

KDDI (OTCMKTS:KDDIY) last issued its quarterly earnings data on Friday, November 1st. The company reported $0.29 EPS for the quarter. The firm had revenue of $9.86 billion for the quarter. KDDI had a net margin of 10.98% and a return on equity of 10.98%. As a group, equities analysts predict that KDDI will post 1.01 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Separately, New Street Research upgraded shares of KDDI to a “strong-buy” rating in a research report on Monday, September 9th.

KDDI Company Profile

KDDI Corporation provides telecommunications services in Japan and internationally. It operates in two segments, Personal Services and Business Services. The Personal Services segment offers telecommunication services and other services such as finance, energy, and LX through its multi-brands au, UQ mobile, and povo.