KDDI (OTCMKTS:KDDIY) Releases FY 2024 Earnings Guidance

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

Analysts Set New Price Targets

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

KDDI Stock Up 3.0 %

Shares of KDDI stock traded up $0.47 during trading hours on Monday, reaching $16.03. 155,600 shares of the company’s stock were exchanged, compared to its average volume of 277,164. The stock has a market cap of $70.27 billion, a P/E ratio of 15.72 and a beta of 0.06. The company has a 50 day moving average of $16.29 and a two-hundred day moving average of $14.92. The company has a current ratio of 0.68, a quick ratio of 0.66 and a debt-to-equity ratio of 0.31. KDDI has a fifty-two week low of $12.80 and a fifty-two week high of $17.64.

KDDI (OTCMKTS:KDDIY) last posted its quarterly earnings data on Friday, November 1st. The company reported $0.29 earnings per share for the quarter. The company had revenue of $9.86 billion during the quarter. KDDI had a net margin of 10.98% and a return on equity of 10.98%. On average, sell-side analysts forecast that KDDI will post 1.01 EPS for the current fiscal year.

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.