KDDI (OTCMKTS:KDDIY) Issues 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 Trading Up 3.0 %

OTCMKTS KDDIY traded up $0.47 on Monday, hitting $16.03. 155,600 shares of the company were exchanged, compared to its average volume of 277,164. KDDI has a twelve month low of $12.80 and a twelve month high of $17.64. The company has a debt-to-equity ratio of 0.31, a current ratio of 0.68 and a quick ratio of 0.66. The firm has a market capitalization of $70.27 billion, a P/E ratio of 15.72 and a beta of 0.06. The company’s 50 day moving average price is $16.29 and its 200-day moving average price is $14.92.

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

Analyst Upgrades and Downgrades

Separately, New Street Research raised KDDI to a “strong-buy” rating in a research note on Monday, September 9th.

About KDDI

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.