Kimball Electronics Q1 2024 EPS $0.43, Inline, Sales $438.08M Miss $452.20M Estimate
Portfolio Pulse from totan@benzinga.com
Kimball Electronics (NASDAQ:KE) reported Q1 2024 earnings of $0.43 per share, in line with analyst consensus. This is a 13.16% increase YoY. However, the company's quarterly sales of $438.08M missed the analyst consensus estimate of $452.20M by 3.12%, though it's a 7.93% increase YoY.
November 06, 2023 | 9:47 pm
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Kimball Electronics' Q1 2024 earnings met expectations, but sales missed estimates. Earnings and sales both increased YoY.
Kimball Electronics' earnings met expectations, which is positive for the stock. However, the company's sales missed estimates, which could negatively impact the stock. Both earnings and sales increased YoY, indicating overall growth.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100