Kornit Digital Ltd reports results for the quarter ended in June - Earnings Summary

Kornit Digital

10/08/2021 14:03

* Kornit Digital Ltd  KRNT.OQ  reported quarterly adjusted
earnings of 22 cents​​ per share for the quarter ended in June.
The mean expectation of nine analysts for the quarter was
for earnings of 22 cents per share.
* Revenue rose 118.1% to $81.67 million from a year ago; 
analysts expected $77.44 million. 
* Kornit Digital Ltd's reported EPS for the quarter was 12
cents​.
* The mean earnings estimate of analysts had risen by about 5.1%
in the last three months.​ 
* In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
* Kornit Digital Ltd shares had risen by 5.4% this quarter and
gained 47.0% so far this year.
* The company reported quarterly net income of $5.6 million.
* Wall Street's median 12-month price target for Kornit Digital
Ltd is $132.50 
* 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." 
This summary was machine generated August 10 at 01:03 p.m.  ​All
figures in US dollars unless otherwise stated