Kornit Digital Ltd expected to post a loss of 15 cents a share - Earnings Preview

Kornit Digital

07/11/2022 19:37

* Kornit Digital Ltd  KRNT.OQ   KRNT.O  is expected to show
a fall
in quarterly revenue when it reports  results on November 9. 
    * The Rosh Ha'ayin Israel-based   company is expected to
report  a
27.6% decrease in revenue to $68.522 million from $94.6 million
a year ago, according to the mean estimate from 5 analysts,
based on Refinitiv data. The company's guidance on August 10
2022, for the period ended September 30, was for revenue between
$66.00 million and $70.00 million.
    * ​Refinitiv's mean analyst estimate for Kornit Digital Ltd
is for
a loss of 15 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 6 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Kornit
Digital
Ltd is $47​, above​ its last closing price of $23.69. ​​​

The company's guidance on August 10 2022 for the period ended
September 30 was for Earnings before Interest and Taxes between
USD-9.9 million and USD-7.7 million.The company's guidance on
August 10 2022 for the period ended September 30 was for
Earnings before Interest, Taxes, Depreciation and Amortization
of between 66 million and -5.6 million (USD).
Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Jun. 30 2022  -0.31       -0.32      -0.22     Beat    30.4
 Mar. 31 2022  0.15        0.15       0.16      Beat    5.6
 Dec. 31 2021  0.26        0.24       0.29      Beat    18.6​
 Sep. 30 2021  0.25        0.24       0.40      Beat    66.1
 ​​Jun.        0.22        0.22       0.35      Beat    61.6
 30 2021                                                
 Mar. 31 2021  0.13        0.13       0.23      Beat    80.2​
 Dec. 31 2020  0.22        0.22       0.24      Beat    9.2
 Sep. 30 2020  0.14        0.14       0.18      Beat    33.2
 This summary was machine generated November 7 at 19:36 GMT.  All
figures in US dollars  unless otherwise stated