Knowles Sees Q1 Adj. EPS $0.16-$0.20 vs $0.20 Est., Revenue $190M-$200M vs $194.17M Est.
Portfolio Pulse from Benzinga Newsdesk
Knowles Corporation projects its Q1 adjusted EPS to be between $0.16 and $0.20, compared to the estimated $0.20, and anticipates revenue to be between $190M and $200M, versus the estimated $194.17M.
February 07, 2024 | 10:17 pm
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Knowles Corporation's Q1 earnings projection is slightly below the analyst's EPS estimate but aligns with revenue expectations.
The projected EPS range's upper limit matches the analyst estimate, indicating a potential for meeting expectations. However, the lower end suggests a risk of underperformance. The revenue forecast closely aligns with analyst expectations, suggesting stability in sales. This mixed outlook may lead to a neutral short-term impact on the stock, as investors digest both the potential for slight earnings disappointment and stable revenue performance.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100