Key Tronic Corporation Q1 2024 EPS $0.03 Down From $0.11 YoY, Revenue $147.8M Up From $137.3M YoY
Portfolio Pulse from Benzinga Newsdesk
Key Tronic Corporation reported Q1 2024 earnings per share (EPS) of $0.03, down from $0.11 year-over-year (YoY). However, the company's revenue increased to $147.8M, up from $137.3M YoY.
October 31, 2023 | 8:03 pm
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NEUTRAL IMPACT
Key Tronic Corporation's Q1 2024 EPS decreased YoY, but revenue increased. This mixed result could lead to uncertain market reactions.
Key Tronic Corporation's EPS has decreased YoY, which could negatively impact the stock price. However, the increase in revenue could offset this negative impact, leading to a neutral score. The relevance is high as the news directly pertains to the company's financial performance. The importance is also high as earnings reports are crucial information for investors. The confidence level is set at 85, considering the direct impact of earnings reports on stock prices.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 100