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Latest KKPNY News From Around the Web
Below are the latest news stories about KONINKLIJKE KPN N V that investors may wish to consider to help them evaluate KKPNY as an investment opportunity.
Koninklijke KPN Earnings, Revenue Beat in Q1
Dutch telecom company KPN said on Friday its core profit increased 4.5% in the first three months of the year, driven by growing demand from consumers and businesses. Adjusted earnings before interest, taxes, depreciation and amortisation (EBITDA), and after leases, were 593 million euros. KPN reiterated its outlook for 2022, forecasting slight growth in core earnings.
Deutsche Bank assigned a catalyst call buy idea on Koninklijke KPN N.V. (KKPNF) on Monday morning. Read more.
Koninklijke KPN N.V. press release (KKPNF): Q4 Net profit 157MRevenue of 1.36B (+0.7% Y/Y).
AMSTERDAM (Reuters) -Dutch telecom company KPN announced on Monday a new share buyback program and a higher dividend over 2022, as its core profit rose on the back of growing mobile revenues. The largest telecom provider in the Netherlands said it would buy back 300 million euros ($335 million) worth of its own shares this year, while it expected to increase its dividend by 5% over this year. "Although cost savings were moderate, productivity increased considerably and improving service revenues supported growth in EBITDA, while free cash flow exceeded our guidance", Chief Executive Joost Farwerck commented on KPN's 2021 results in a statement.
Koninklijke KPN (OTCMKTS:KKPNY) has been assigned a consensus recommendation of Buy from the eight ratings firms that are covering the firm, MarketBeat.com reports. One analyst has rated the stock with a hold recommendation and seven have assigned a buy recommendation to the company. KKPNY has been the topic of several analyst reports. Morgan Stanley reiterated 
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
The stable outlook on the rating reflects Moody's expectation that T-Mobile NL's strong operating performance and positive momentum will allow it to progressively reduce leverage towards 6.0x by 2023.FACTORS THAT COULD LEAD TO AN UPGRADE OR DOWNGRADE OF THE RATINGSUpward rating pressure is currently limited. Alternatively, please see the Rating Methodologies page on www.moodys.com for a copy of this methodology.COMPANY PROFILET-Mobile NL, headquartered in The Hague, Netherlands, is the country's third-largest telecommunications company providing mobile, fixed-line and broadband services to residential and business customers.