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Kornit Digital Ltd reports results for the quarter ended December 31 - Earnings Summary

* Kornit Digital Ltd  KRNT.OQ  reported quarterly adjusted
earnings of 18 cents​​ per share for the quarter ended December
31, higher than the same quarter last year, when the company
reported EPS of 8 cents.  The mean expectation of seven analysts
for the quarter was for earnings of 19 cents per share. Wall
Street expected results to range from 15 cents to 22 cents per
share.
    * Revenue rose 7.3% to $60.70 million from a year ago;
analysts
expected $60.49 million. 
    * Kornit Digital Ltd's reported EPS for the quarter was 5
cents​.
    * The company reported quarterly net income of $2.22
million.
    * Kornit Digital Ltd shares had fallen by 5.8% this quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 4.2%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

RECOMMENDATIONS
    * 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 average consensus recommendation for the industrial
machinery & equipment peer group is also "buy"

Wall Street's median 12-month price target for Kornit Digital
Ltd is $32.00 
This summary was machine generated from LSEG data February 12 at
02:31 p.m. UTC. ​All figures in US dollars unless otherwise
stated. (For questions concerning the data in this report,
contact Estimates.Support@lseg.com. For any other questions or
feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2024      0.19           0.18           Missed
 Sep. 30 2024      0.07           0.11           Beat
 Jun. 30 2024      -0.01          0.02           Beat
 Mar. 31 2024      -0.13          -0.11          Beat

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