Kornit Digital Ltd expected to post a loss of 32  cents a share - Earnings Preview

Kornit Digital

08/08/2022 19:31

* Kornit Digital Ltd  KRNT.OQ   KRNT.O  is expected to show
a fall
in quarterly revenue when it reports  results on August 10. 
    * The Rosh Ha'ayin Israel-based   company is expected to
report  a
29.5% decrease in revenue to $62.266 million from $88.3 million
a year ago, according to the mean estimate from 2 analysts,
based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Kornit Digital Ltd
is for
a loss of 32 cents per share. For the same quarter last year,
the company reported earnings of 35 cents per share.
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 7 "strong buy" or "buy," 2
"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 $46.5​, above​ its last closing price of $29.34. ​​​
    * Previous quarterly performance (using preferred earnings
measure
in US dollars). ​

 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Mar. 31 2022  0.15        0.15       0.16      Beat    5.6
 Dec. 31 2022  0.26        0.24       0.29      Beat    18.6
 Sep. 30 2021  0.25        0.24       0.40      Beat    66.1​
 Jun. 30 2021  0.22        0.22       0.35      Beat    61.6
 ​​Mar.        0.13        0.13       0.23      Beat    80.2
 31 2021                                                
 Dec. 31 2020  0.22        0.22       0.24      Beat    9.2​
 Sep. 30 2020  0.14        0.14       0.18      Beat    33.2
 Jun. 30 2020  -0.06       -0.07      -0.03     Beat    54.7
 This summary was machine generated August 8 at 18:31 GMT.  All
figures in US dollars  unless otherwise stated