Overview
Kimball Electronics fiscal Q1 revenue of $365.6 mln beats analyst expectations
Adjusted EPS for fiscal Q1 more than doubles year-over-year, beating estimates
Company repurchased 49,000 shares, indicating confidence in future growth
Outlook
Kimball Electronics reiterates fiscal 2026 net sales guidance of $1,350 mln to $1,450 mln
Company expects fiscal 2026 adjusted operating income of 4.0% to 4.25% of net sales
Kimball Electronics plans fiscal 2026 capital expenditures of $50 mln to $60 mln
Result Drivers
MEDICAL VERTICAL - Strong year-over-year sales growth in the medical end-market vertical drove revenue
MARGIN IMPROVEMENT - Operating income margins improved year-over-year, contributing to better financial performance
DEBT REDUCTION - Debt decreased by $9.5 million, enhancing financial flexibility
Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Sales
Beat
$365.60 mln
$338.43 mln (4 Analysts)
Q1 Adjusted EPS
Beat
$0.49
$0.26 (4 Analysts)
Q1 EPS
$0.40
Q1 Adjusted Net Income
Beat
$12.25 mln
$6.01 mln (3 Analysts)
Q1 Net Income
$10.09 mln
Q1 Adjusted Operating Income
Beat
$17.53 mln
$12.04 mln (3 Analysts)
Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "strong buy" or "buy", 1 "hold" and no "sell" or "strong sell"
The average consensus recommendation for the semiconductors peer group is "buy"
Wall Street's median 12-month price target for Kimball Electronics Inc is $27.50, about 4.7% below its November 4 closing price of $28.79
The stock recently traded at 22 times the next 12-month earnings vs. a P/E of 20 three months ago
Press Release: ID:nBw6m99yka
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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)