Kimball Electronics Inc reports results for the quarter ended in March - Earnings Summary

Kimball Electronics

06/05/2022 10:15

* Kimball Electronics Inc  KE.OQ  reported quarterly
adjusted
earnings of 54 cents​​ per share for the quarter ended in March.
The lone analyst forecast for the quarter was for earnings of 48
cents per share.
    * Revenue rose 18.6% to $368.06 million from a year ago; 
analysts
expected $380.20 million. 
    * Kimball Electronics Inc's reported EPS for the quarter was
54
cents​.
    * The mean earnings estimate of analysts had fallen by
about 31.4%
in the last three months.​ 
    * In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
    * Kimball Electronics Inc shares had fallen by 11.9% this
quarter and lost 19.0% so far this year.
    * The company reported quarterly net income of $13.64
million.
    * Wall Street's median 12-month price target for Kimball
Electronics Inc is $33.00 
    * The current average analyst rating on the shares is
"strong buy"
and the breakdown of recommendations is 1 "strong buy" or
"buy," no "hold" and no "sell" or "strong sell." 

This summary was machine generated May 6 at 09:15 a.m.  ​All
figures in US dollars unless otherwise stated