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

Kornit Digital

11/05/2021 15:48

* Kornit Digital Ltd  KRNT.OQ  reported quarterly adjusted
earnings of 16 cents​​ per share for the quarter ended in March.
The mean expectation of eight analysts for the quarter was
for earnings of 13 cents per share.
* Revenue rose 152.3% to $66.12 million from a year ago; 
analysts expected $62.82 million. 
* Kornit Digital Ltd's reported EPS for the quarter was 11
cents​.
* The mean earnings estimate of analysts had risen by about 4.1%
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 fallen by 10.5% this quarter and
lost 0.5% so far this year.
* The company reported quarterly net income of $5.1 million.
* Wall Street's median 12-month price target for Kornit Digital
Ltd is $125.00 
* The current average analyst rating on the shares is "buy" and
the breakdown of recommendations is 8 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell." 
This summary was machine generated May 11 at 02:48 p.m. GMT.
​All figures in US dollars