NTT (OTCMKTS:NTTYY) Posts Earnings Results, Misses Estimates By $0.08 EPS

NTT (OTCMKTS:NTTYY – Get Free Report) announced its quarterly earnings results on Tuesday. The company reported $0.44 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.52 by ($0.08), Zacks reports. NTT had a net margin of 7.17% and a return on equity of 10.45%. The company had revenue of $23.63 billion during the quarter, compared to analysts’ expectations of $23.12 billion.

NTT Price Performance

NTTYY stock traded up $0.05 during midday trading on Thursday, hitting $26.19. 8,706 shares of the stock were exchanged, compared to its average volume of 151,849. The stock’s 50-day moving average price is $27.53 and its 200-day moving average price is $24.94. The company has a debt-to-equity ratio of 1.07, a quick ratio of 0.46 and a current ratio of 0.49. The stock has a market cap of $85.60 billion, a price-to-earnings ratio of 12.53, a PEG ratio of 2.27 and a beta of 0.07. NTT has a fifty-two week low of $21.47 and a fifty-two week high of $30.05.

Analyst Upgrades and Downgrades

Separately, Zacks Research raised shares of NTT from a “hold” rating to a “strong-buy” rating in a report on Wednesday, October 7th. One analyst has rated the stock with a Strong Buy rating and one has given a Hold rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Buy”.

Check Out Our Latest Research Report on NTT

About NTT

(Get Free Report)

Nippon Telegraph and Telephone Corporation (NTT) is a Japan-based telecommunications and information technology company. Through its operating companies, NTT provides fixed-line and mobile communications, broadband internet, data center and cloud services, systems integration, cybersecurity, network infrastructure, and related digital solutions for consumers, businesses, and public-sector organizations.

NTT’s principal businesses include telecommunications services in Japan, global information and communications technology services, data and cloud platforms, and research and development in areas such as next-generation networks, artificial intelligence, and advanced communications technology.

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Earnings History for NTT (OTCMKTS:NTTYY)

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