CTT Correios de Portugal (OTCMKTS:CTTPY) Releases Quarterly Earnings Results

CTT Correios de Portugal (OTCMKTS:CTTPY) posted its quarterly earnings results on Wednesday. The company reported $0.30 earnings per share (EPS) for the quarter, Zacks reports. The firm had revenue of $439.29 million during the quarter. CTT Correios de Portugal had a return on equity of 16.54% and a net margin of 4.13%.

CTT Correios de Portugal Price Performance

OTCMKTS:CTTPY remained flat at $15.90 on Friday. The company has a market cap of $1.06 billion, a P/E ratio of 19.39 and a beta of -0.05. CTT Correios de Portugal has a 1 year low of $15.90 and a 1 year high of $16.24. The company has a quick ratio of 0.59, a current ratio of 0.59 and a debt-to-equity ratio of 1.45. The firm’s fifty day moving average is $16.16 and its 200-day moving average is $16.21.

About CTT Correios de Portugal

CTT – Correios de Portugal, SA is the national postal operator of Portugal, providing a comprehensive range of mail, parcel and logistics services. Headquartered in Lisbon, the company traces its origins to the Royal House of Manuel I in 1520, making it one of the oldest postal institutions in Europe. In its modern form as a publicly traded Sociedade Anónima, CTT has expanded beyond traditional mail delivery to embrace express courier, freight and supply-chain solutions.

In addition to its core postal operations, CTT offers financial and insurance services through its Banco CTT subsidiary.