KONE Oyj (KNYJY) to Release Quarterly Earnings on Friday

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

KONE Oyj (OTCMKTS:KNYJY) last announced its quarterly earnings data on Thursday, October 24th. The company reported $0.26 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.28 by ($0.02). KONE Oyj had a net margin of 8.98% and a return on equity of 39.77%. 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 %

OTCMKTS:KNYJY opened at $24.71 on Thursday. KONE Oyj has a 1 year low of $22.69 and a 1 year high of $30.12. The company has a debt-to-equity ratio of 0.18, a quick ratio of 0.89 and a current ratio of 1.06. The stock has a fifty day moving average price of $24.93 and a two-hundred day moving average price of $26.21. The stock has a market capitalization of $22.40 billion, a price-to-earnings ratio of 23.99, a PEG ratio of 3.21 and a beta of 0.69.

Wall Street Analyst Weigh In

Separately, Royal Bank of Canada cut 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.