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

Kimball Electronics

04/05/2023 22:02

* Kimball Electronics Inc  KE.OQ  reported quarterly
adjusted
earnings of 65 cents​​ per share for the quarter ended in March.
The mean expectation of three analysts for the quarter was
for earnings of 68 cents per share.
    * Revenue rose 31.7% to $484.70 million from a year ago;
analysts
expected $452.79 million. 
    * Kimball Electronics Inc's reported EPS for the quarter was
65
cents​.
    * The mean earnings estimate of analysts had risen by
about 3% 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 15.7% this
quarter and lost 10.0% so far this year.
    * The company reported quarterly net income of $16.4
million.
    * Wall Street's median 12-month price target for Kimball
Electronics Inc is $32.00 
    * The current average analyst rating on the shares is
"strong buy"
and the breakdown of recommendations is 3 "strong buy" or
"buy," no "hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data May
4 at 09:02 p.m. UTC. ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Mar. 31 2023      0.68           0.65           Missed
 Dec. 31 2022      0.52           0.44           Missed
 Sep. 30 2022      0.47           0.38           Missed
 Jun. 30 2022      0.57           0.40           Missed