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

Kornit Digital

14/05/2025 14:32

Kornit Digital Ltd KRNT.OQ reported quarterly adjusted earnings of 1 cent​​ per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of -11 cents.  The mean expectation of seven analysts for the quarter was for a loss of 4 cents per share. Wall Street expected results to range from -5 cents to -1 cents per share.

Revenue rose 6.1% to $46.46 million from a year ago; analysts expected $47.36 million.

Kornit Digital Ltd's reported EPS for the quarter was a loss of 11 cents​.

The company reported a quarterly loss of $5.06 million.

Kornit Digital Ltd shares had risen by 0.9% this quarter and lost 37.8% so far this year.

FORECAST CHANGES

The mean earnings estimate of analysts had risen 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 $30.00

This summary was machine generated from LSEG data May 14 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
Mar. 31 2025
-0.04
0.01
Beat
Dec. 31 2024
0.19
0.18
Missed
Sep. 30 2024
0.07
0.11
Beat
Jun. 30 2024
-0.01
0.02
Beat