KONE Oyj (KNYJY) Expected to Announce Quarterly Earnings on Friday

KONE Oyj (OTCMKTS:KNYJY) is expected to be issuing 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 issued its quarterly earnings results on Thursday, October 24th. The company reported $0.26 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.28 by ($0.02). KONE Oyj had a return on equity of 39.77% and a net margin of 8.98%. The business 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 Stock Performance

OTCMKTS KNYJY opened at $23.79 on Friday. 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 company has a 50-day moving average of $25.17 and a 200-day moving average of $26.24.

Analysts Set New Price Targets

Separately, Royal Bank of Canada lowered shares of KONE Oyj from a “hold” rating to a “strong sell” rating in a research 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.