Kimball Electronics Q4 Adj $0.76 Beats $0.68 Estimate, Sales $496.14M Beat $472.69M Estimate
Portfolio Pulse from Benzinga Newsdesk
Kimball Electronics (NASDAQ:KE) reported Q4 earnings of $0.76 per share, beating the analyst consensus estimate of $0.68 by 11.76%. This is a 90% increase from the same period last year. The company also reported quarterly sales of $496.14 million, beating the analyst consensus estimate of $472.69 million by 4.96%. This is a 32.84% increase from the same period last year.
August 16, 2023 | 8:08 pm
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Kimball Electronics reported strong Q4 results, beating both earnings and sales estimates. This positive financial performance could potentially lead to a short-term increase in the company's stock price.
Kimball Electronics reported a significant increase in both earnings and sales compared to the same period last year, exceeding analyst estimates. This strong financial performance indicates a healthy financial state for the company, which could make the stock more attractive to investors, potentially leading to a short-term increase in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100