Earnings Outlook For Kimball Electronics
Portfolio Pulse from Benzinga Insights
Kimball Electronics (NASDAQ:KE) is scheduled to release its quarterly earnings report on Monday, 2024-02-05, with an estimated EPS of $0.44. Analysts and investors will be closely watching for not only an earnings beat but also positive guidance for the next quarter. The company's past earnings performance shows a mixed impact on its stock price, with the last quarter's EPS miss leading to a 13.03% drop in share price. Over the last year, KE shares have decreased by 6.3%, indicating potential concerns among long-term shareholders.
February 02, 2024 | 4:01 pm
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Kimball Electronics is expected to report an EPS of $0.44 for the latest quarter. Past performance and guidance will be key factors influencing the stock price.
Given the historical sensitivity of KE's stock price to earnings performance and guidance, the upcoming report could have a neutral to positive impact if the company meets or exceeds the EPS estimate and provides optimistic future guidance. However, the recent trend of share price decline suggests investor caution.
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