KONE Oyj (KNYJY) Expected to Announce Earnings on Friday

KONE Oyj (OTCMKTS:KNYJY) is projected to issue its quarterly earnings data on Friday, January 24th. Analysts expect the company to announce earnings of $0.29 per share and revenue of $3,480,338.46 billion for the quarter.

KONE Oyj (OTCMKTS:KNYJY) last posted its earnings results on Thursday, October 24th. The company reported $0.26 earnings per share for the quarter, missing the consensus estimate of $0.28 by ($0.02). KONE Oyj had a return on equity of 39.77% and a net margin of 8.98%. The firm had revenue of $3.03 billion during the quarter. On average, analysts expect KONE Oyj to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

KONE Oyj Trading Up 3.6 %

Shares of KNYJY stock opened at $24.71 on Thursday. The company has a market capitalization of $22.40 billion, a P/E ratio of 23.99, a P/E/G ratio of 3.21 and a beta of 0.69. KONE Oyj has a 12-month low of $22.69 and a 12-month high of $30.12. The company has a quick ratio of 0.89, a current ratio of 1.06 and a debt-to-equity ratio of 0.18. The firm has a 50-day moving average price of $24.93 and a 200 day moving average price of $26.21.

Analyst Upgrades and Downgrades

Separately, Royal Bank of Canada downgraded KONE Oyj from a “hold” rating to a “strong sell” rating in a report on Monday, November 25th.

About KONE Oyj

KONE Oyj, together with its subsidiaries, engages in the elevator and escalator business worldwide. The company provides elevators, escalators, and automatic building doors. It offers maintenance services; and modernization solutions. In addition, the company offers KONE Office Flow, a connected solution that allows for personalized user experiences and touch-free access; health and well-being solutions for elevators, escalators, and doors; KONE Access, an access control system, which is integrated with elevator system and building doors; KONE Destination, a destination control system that reduce waiting and travel times; KONE infotainment, a communication channel for building tenants and visitors; and monitoring solutions that enable real-time inspection of elevators and escalators.