Kornit Digital Ltd expected to post earnings of 22 cents a share - Earnings Preview

Kornit Digital

06/08/2021 15:01

* Kornit Digital Ltd  KRNT.OQ   KRNT.O  is expected to show a
rise in quarterly revenue when it reports results on August 10. 
* The Rosh Ha'ayin, Israel-based company is expected to report 
 a 106.9% increase in revenue to $77.439 million from $37.44
million a year ago, according to the mean estimate from 7
analysts, based on Refinitiv data. 
​* Refinitiv's mean analyst estimate for Kornit Digital Ltd is
for earnings of 22 cents per share. For the same quarter last
year, the company reported a loss of 3 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 was unchanged in the
last three months. ​
* Wall Street's median 12-month price target for Kornit Digital
Ltd is $132.5​, about 1.7% above​ its last closing price
of $130.24. ​​​
* Previous quarterly performance (using preferred earnings
measure in US dollars). ​
 QUARTER       STARMINE    REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        SMARTESTIM  IBES                 MET,    SE %
               ATE®        ESTIMATE             MISSED  
 Mar. 31 2021  0.13        0.13       0.16      Beat    25.4
 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
 Mar.          -0.11​      -0.09      -0.22     Missed  -155.4
 31​ 2020​                                              ​
 Dec. 31 2019  0.17        0.18       0.17      Missed  -4.3​
 Sep. 30 2019  0.18        0.18       0.09      Missed  -50.2
 Jun. 30 2019  0.13        0.13       0.08      Missed  -38.1
 This summary was machine generated August 6 at 14:01 GMT.  All
figures in US dollars unless otherwise stated