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Kimball Electronics Q4 revenue slightly misses estimates

Kimball Electronics Q4 revenue slightly misses estimates


Overview

  • U.S. electronics manufacturer Q4 revenue was a slight miss versus analyst expectations

  • Adjusted EPS for Q4 missed analyst estimates

  • Adjusted operating income for Q4 beat analyst expectations


Outlook

  • Kimball Electronics sees fiscal 2027 net sales of $1.535 bln to $1.56 bln

  • Company expects organic sales growth of 3% to 5% for fiscal 2027

  • Kimball Electronics expects Helvoet to contribute about $60 mln in sales in fiscal 2027


Result Drivers

  • SEQUENTIAL SALES GROWTH - Co said Q4 net sales rose 5% from the prior qtr, with all end-market verticals posting gains

  • MEDICAL SEGMENT GROWTH - Medical sales increased in Q4 and grew over 10% for the full yr after normalizing for a consigned inventory sale

  • STRONG CASH GENERATION - Co generated $42.4 mln in operating cash in Q4, used to pay down debt to lowest level in over 4 yrs


Company press release: ID:nBw28S8j6a


Key Details

Metric

Beat/Miss

Actual

Consensus Estimate

Q4 Sales

Slight Miss*

$371.57 mln

$373.36 mln (5 Analysts)

Q4 Adjusted EPS

Miss

-$0.01

$0.39 (5 Analysts)

Q4 EPS

$0.35

Q4 Adjusted Net Income

Miss

-$163,000

$11.09 mln (4 Analysts)

Q4 Net Income

$8.52 mln

Q4 Adjusted Operating Income

Beat

$18.11 mln

$16.05 mln (3 Analysts)

*Applies to a deviation of less than 1%; not applicable for per-share numbers.


Analyst Coverage

  • The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "strong buy" or "buy", 1 "hold" and no "sell" or "strong sell"

  • The average consensus recommendation for the semiconductors peer group is "buy"

  • Wall Street's median 12-month price target for Kimball Electronics Inc is $35.00, about 38.7% above its August 11 closing price of $25.23

  • The stock recently traded at 18 times the next 12-month earnings vs. a P/E of 18 three months ago


Reuters Recommended Reads

  • Aug 10 - Canada's DATA Communications Q2 revenue falls on lower prior-year sales activity

  • Aug 11 - Energy Focus Q2 sales jump 228% on Australia shipments, military demand

  • Aug 10 - Motorcar Parts of America Q1 sales fall; reaffirms FY outlook


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.)

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