Picture of Kimball Electronics logo

KE — Kimball Electronics News Story

0.000.00%
us flag iconLast trade - 00:00
TechnologyAdventurousMid CapContrarian

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 news