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

KONE Oyj (OTCMKTS:KNYJY) is expected to announce its earnings results 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 issued its quarterly earnings data on Thursday, October 24th. The company reported $0.26 EPS for the quarter, missing analysts’ consensus estimates of $0.28 by ($0.02). The business had revenue of $3.03 billion during the quarter. KONE Oyj had a net margin of 8.98% and a return on equity of 39.77%. 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 0.8 %

Shares of KNYJY opened at $23.79 on Friday. The company has a 50-day moving average of $25.17 and a two-hundred day moving average of $26.24. KONE Oyj has a 12-month low of $22.69 and a 12-month 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.

Analyst Ratings Changes

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