Kornit Digital Ltd. reports results for the quarter ended June 30 - Earnings Summary
Kornit Digital Ltd. reports results for the quarter ended June 30 - Earnings Summary
Kornit Digital Ltd. KRNT.OQ reported quarterly adjusted earnings of 4 cents per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of 3 cents. The mean expectation of five analysts for the quarter was for a loss of one cent per share. Wall Street expected results to range from -2 cents to 1 cents per share.
Revenue rose 11.2% to $55.32 million from a year ago; analysts expected $53.07 million.
Kornit Digital Ltd.'s reported EPS for the quarter was a loss of 26 cents.
The company reported a quarterly loss of $11.17 million.
Kornit Digital Ltd. shares had risen by 8.2% this quarter and gained 22.3% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had fallen by about 160% 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 4 "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 $24.00, about 26.8% above its last closing price of $17.58
This summary was machine generated from LSEG data August 12 at 01:31 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 |
Jun. 30 2026 | -0.01 | 0.04 | Beat |
Mar. 31 2026 | -0.02 | -0.01 | Beat |
Dec. 31 2025 | 0.12 | 0.18 | Beat |
Sep. 30 2025 | 0.02 | 0.09 | Beat |
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