Kone Oyj (OTCMKTS:KNYJY – Get Free Report) is anticipated to announce its results before the market opens on Thursday, October 22nd. Analysts expect Kone Oyj to post earnings of $0.31 per share and revenue of $3.23 billion for the quarter.
Kone Oyj (OTCMKTS:KNYJY – Get Free Report) last posted its quarterly earnings results on Wednesday, July 22nd. The company reported $0.27 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.32 by ($0.05). Kone Oyj had a net margin of 8.33% and a return on equity of 38.87%. The business had revenue of $3.36 billion for the quarter, compared to analysts’ expectations of $3.38 billion. On average, analysts expect Kone Oyj to post $1.19 EPS for the current fiscal year and $1.37 EPS for the next fiscal year.
Kone Oyj Stock Down 0.9%
Shares of OTCMKTS:KNYJY opened at $30.27 on Wednesday. The stock’s 50-day moving average price is $29.50 and its 200-day moving average price is $29.70. Kone Oyj has a 12-month low of $26.52 and a 12-month high of $38.29. The stock has a market capitalization of $27.44 billion, a P/E ratio of 28.56, a price-to-earnings-growth ratio of 1.99 and a beta of 0.59. The company has a current ratio of 0.99, a quick ratio of 0.83 and a debt-to-equity ratio of 0.23.
Wall Street Analysts Forecast Growth
KNYJY has been the subject of a number of recent research reports. Zacks Research raised Kone Oyj from a “strong sell” rating to a “hold” rating in a research note on Monday, September 21st. Kepler Capital Markets upgraded Kone Oyj from a “hold” rating to a “buy” rating in a research report on Tuesday, June 23rd. One analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, four have given a Hold rating and two have given a Sell rating to the company’s stock. According to MarketBeat.com, Kone Oyj presently has a consensus rating of “Hold”.
Get Our Latest Stock Analysis on KNYJY
About Kone Oyj
KONE Oyj is a Finland-based company that designs, manufactures, installs, modernizes and maintains elevators, escalators and automatic building doors. Its solutions are used in residential, commercial, infrastructure and public buildings, with a focus on improving the movement of people within buildings and urban environments.
The company provides new equipment as well as maintenance and modernization services for existing installations. Its offerings also include digital and connected solutions intended to support equipment monitoring, predictive maintenance, access management and smoother passenger flows.
Founded in 1910, KONE is headquartered in Espoo, Finland, and serves customers internationally across Europe, the Middle East and Africa, the Americas, and the Asia-Pacific region, including Greater China.
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