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

Kornit Digital

11/05/2022 14:31

* 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 15 cents per share.
    * Revenue rose 31.9% to $91.30 million from a year ago; 
analysts
expected $89.23 million. 
    * Kornit Digital Ltd's reported EPS for the quarter was a
loss
of 10 cents​.
    * The mean earnings estimate of analysts had fallen by
about 31.5%
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 31.8% this
quarter and
lost 62.9% so far this year.
    * The company reported a quarterly loss of $5.2 million.
    * Wall Street's median 12-month price target for Kornit
Digital
Ltd is $157.50 
    * 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 May 11 at 01:30 p.m.  ​All
figures in US dollars unless otherwise stated