Kimball Electronics Inc expected to post earnings of 40 cents a share - Earnings Preview

Kimball Electronics

02/02/2024 21:16

* Kimball Electronics Inc  KE.OQ   KE.O  is expected to show
a
fall in quarterly revenue when it reports  results on February 5
for the period ending December 31 2023
    * The Jasper Indiana-based  company is expected to report a
0.4% decrease in revenue to $435.019 million from $436.7 million
a year ago, according to the mean estimate from 5 analysts,
based on LSEG data.
    * ​LSEG's mean analyst estimate for Kimball Electronics Inc
is for
earnings of 40 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 5 "strong buy" or "buy," no
"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 $33.00​, above​ its last closing price
of $24.46. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Sep. 30 2023  0.42        0.43       0.43      Met     0.9
 Jun. 30 2023  0.67        0.68       0.76      Beat    12.2
 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.        0.46        0.47       0.38      Missed  -18.6
 30 2022                                                
 Jun. 30 2022  0.57        0.57       0.40      Missed  -29.4​
 Mar. 31 2022  0.48        0.48       0.54      Beat    12.5
 Dec. 31 2021  0.40        0.40       0.20      Missed  -50
 This summary was machine generated February 2 at 21:16 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)