Kimball Electronics Sees FY24 Revenue $1.9B-$1.95B Vs $1.98B Est
Portfolio Pulse from Benzinga Newsdesk
Kimball Electronics has projected its FY24 revenue to be between $1.9 billion and $1.95 billion, which is lower than the estimated $1.98 billion.
August 16, 2023 | 8:10 pm
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Kimball Electronics' lower than expected FY24 revenue forecast may negatively impact its stock price.
Kimball Electronics has projected its FY24 revenue to be lower than the estimated $1.98 billion. This lower than expected revenue forecast could lead to a decrease in investor confidence, potentially resulting in a negative impact on the company's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100