Kimball Electronics Inc expected to post earnings of 27 cents a share - Earnings Preview

Kimball Electronics

02/11/2024 03:54

* Kimball Electronics Inc  KE.OQ   KE.O  is expected to show
a
fall in quarterly revenue when it reports  results on November 4
for the period ending September 30 2024
    * The Jasper Indiana-based  company is expected to report a
14.4% decrease in revenue to $374.817 million from $438.08
million a year ago, according to the mean estimate from 4
analysts, based on LSEG data.
    * ​LSEG's mean analyst estimate for Kimball Electronics Inc
is for
earnings of 27 cents per share. 
    * 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 mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Kimball
Electronics Inc is 22.50​, above​ its last closing price
of $18.15. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Jun. 30 2024  0.43        0.44       0.33      Missed  -24.7
 Mar. 31 2024  0.40        0.40       0.34      Missed  -15.4
 Dec. 31 2023  0.41        0.40       0.33      Missed  -18.3​
 Sep. 30 2023  0.42        0.43       0.43      Met     0.9
 ​​Jun.        0.67        0.68       0.76      Beat    12.2
 30 2023                                                
 Mar. 31 2023  0.68        0.68       0.65      Missed  -4.4​
 Dec. 31 2022  0.52        0.52       0.44      Missed  -14.8
 Sep. 30 2022  0.46        0.47       0.38      Missed  -18.6
 This summary was machine generated November 2 at 03:54 GMT.  All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)