Korea Electric Power (NYSE:KEP) Releases Earnings Results, Beats Expectations By $0.02 EPS

Korea Electric Power (NYSE:KEP) posted its quarterly earnings results on Tuesday. The utilities provider reported $0.57 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.55 by $0.02, Zacks reports. The company had revenue of $16.82 billion during the quarter, compared to analyst estimates of $17.04 billion. Korea Electric Power had a net margin of 4.03% and a return on equity of 9.64%.

Korea Electric Power Price Performance

NYSE KEP traded down $0.03 on Thursday, hitting $7.64. The company had a trading volume of 52,771 shares, compared to its average volume of 178,545. The company has a market capitalization of $9.80 billion, a PE ratio of 3.53 and a beta of 0.99. Korea Electric Power has a 12-month low of $6.68 and a 12-month high of $9.55. The company’s fifty day moving average price is $7.32 and its 200-day moving average price is $7.70. The company has a debt-to-equity ratio of 2.10, a current ratio of 0.43 and a quick ratio of 0.30.

Analyst Ratings Changes

Separately, StockNews.com raised Korea Electric Power from a “hold” rating to a “buy” rating in a report on Saturday, February 1st.

Korea Electric Power Company Profile

Korea Electric Power Corporation, an integrated electric utility company, engages in the generation, transmission, and distribution of electricity in South Korea and internationally. The company operates through Transmission and Distribution, Nuclear Power Generation, Thermal Power Generation, and Others segments.