Kimball Electronics Q1 adjusted profit misses estimates; sales slightly beat on medical growth
Kimball Electronics Q1 adjusted profit misses estimates; sales slightly beat on medical growth
Overview
US electronics manufacturer Q1 sales rose 7% yr/yr, slightly beating analyst expectations
Adjusted EPS for Q1 missed analyst expectations
Company reiterated fiscal 2027 guidance, expecting sales at high end of range
Outlook
Kimball Electronics expects fiscal 2027 sales at high end of $1.535-$1.56 bln range
Company sees fiscal 2027 adjusted operating margin at 4.4%-4.7%
Kimball Electronics expects fiscal 2027 capital expenditures of $50-$60 mln
Result Drivers
MEDICAL SEGMENT GROWTH - Co said medical sales rose 14% yr/yr, with 9% organic growth
ACQUISITION IMPACT - Helvoet Polymer Technologies contributed $12.4 mln in Q1 sales
BROAD-BASED GROWTH - Co said all verticals contributed to organic sales growth
Company press release: ID:nBwb4QN36a
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
Q1 Sales | Slight Beat* | $390.80 mln | $389.85 mln (4 Analysts) |
Q1 Adjusted EPS | Miss | $0.25 | $0.40 (3 Analysts) |
Q1 EPS |
| $0.11 |
|
Q1 Adjusted Net Income | Miss | $6.12 mln | $10.80 mln (3 Analysts) |
Q1 Net Income |
| $2.64 mln |
|
Q1 Adjusted Operating Income | Miss | $16.99 mln | $17.37 mln (2 Analysts) |
*Applies to a deviation of less than 1%; not applicable for per-share numbers.
Reuters Recommended Reads
Nov 2 - Thailand's Fabrinet Q1 revenue jumps 51%, beats estimates on strong broad-based demand
Nov 4 - GlobalFoundries Q3 revenue slightly beats, adjusted profit exceeds estimates
Nov 4 - CDW Q3 sales beat estimates on financial services segment
For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.
(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.)
Recent news on Kimball Electronics
See all newsKimball Electronics Inc reports results for the quarter ended September 30 - Earnings Summary
Kimball Electronics Q1 adjusted profit misses estimates; sales slightly beat on medical growth
Brief: Kimball Electronics Q1 Adjusted EPS USD 0.25
Kimball Electronics Inc reports results for the quarter ended June 30 - Earnings Summary
Kimball Electronics Q4 revenue slightly misses estimates