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

Kornit Digital

09/05/2022 17:57

* Kornit Digital Ltd  KRNT.OQ   KRNT.O  is expected to show
a rise
in quarterly revenue when it reports  results on May 11. 
    * The Rosh Ha'ayin Israel-based   company is expected to
report  a
32.8% increase in revenue to $87.808 million from $66.12 million
a year ago, according to the mean estimate from 5 analysts,
based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Kornit Digital Ltd
is for
earnings of 15 cents per share. For the same quarter last year,
the company reported earnings of 16 cents per share.
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 9 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts had risen by
about 0.3%
in the last three months. ​
    * Wall Street's median 12-month price target for Kornit
Digital
Ltd is $157.5​, above​ its last closing price of $64.19. ​​​
    * Previous quarterly performance (using preferred earnings
measure
in US dollars). ​

 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Dec. 31 2021  0.26        0.24       0.13      Missed  -46.8
 Sep. 30 2021  0.25        0.24       0.24      Met     -0.4
 Jun. 30 2021  0.22        0.22       0.22      Met     1.6​
 Mar. 31 2021  0.13        0.13       0.16      Beat    25.4
 ​​Dec.        0.22        0.22       0.24      Beat    9.2
 31 2020                                                
 Sep. 30 2020  0.14        0.14       0.18      Beat    33.2​
 Jun. 30 2020  -0.06       -0.07      -0.03     Beat    54.7
 Mar. 31 2020  -0.11       -0.09      -0.22     Missed  -155.4
 This summary was machine generated May 9 at 16:57 GMT.  All
figures in US dollars  unless otherwise stated