Chunghwa Telecom (NYSE:CHT) Issues FY 2020 Pre-Market Earnings Guidance

Chunghwa Telecom (NYSE:CHT) issued an update on its FY 2020
Pre-Market earnings guidance on Tuesday morning. The company provided earnings per share (EPS) guidance of 0.13-0.14 for the period. The company issued revenue guidance of $7.065-7.105 billion.Chunghwa Telecom also updated its FY 2019
Pre-Market guidance to 0.14-0.14 EPS.

Shares of CHT opened at $36.48 on Wednesday. The stock has a 50 day moving average price of $36.82 and a 200 day moving average price of $36.08. The company has a quick ratio of 1.14, a current ratio of 1.41 and a debt-to-equity ratio of 0.02. The company has a market capitalization of $28.33 billion, a price-to-earnings ratio of 26.43 and a beta of 0.11. Chunghwa Telecom has a 52-week low of $33.61 and a 52-week high of $37.57.

Chunghwa Telecom (NYSE:CHT) last announced its quarterly earnings results on Wednesday, October 30th. The utilities provider reported $0.33 earnings per share (EPS) for the quarter. The firm had revenue of $1.63 billion during the quarter. Chunghwa Telecom had a return on equity of 8.85% and a net margin of 16.27%.

About Chunghwa Telecom

Chunghwa Telecom Co, Ltd. provides telecommunication services in Taiwan. It operates through Domestic Fixed Communications Business, Mobile Communications Business, Internet Business, International Fixed Communications Business, and Other Business segments. It offers local and domestic long distance telephone and leased line, broadband access, Wi-Fi, and multimedia on demand services; information and communication technology (ICT), corporate, and bill handling services; and interconnection with its fixed-line network to other mobile and fixed-line operators.

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