Key Tronic Corporation Sees Q4 2024 EPS $0.00-$0.10; Revenue $135M-$145M
Portfolio Pulse from Benzinga Newsdesk
Key Tronic Corporation (KTCC) anticipates Q4 2024 earnings per share (EPS) to be between $0.00 and $0.10, with revenue projections ranging from $135 million to $145 million. The company's financial estimates for Q3 and Q4 of fiscal 2024 are pending finalization, subject to quarterly close and review procedures. KTCC plans to announce complete Q3 2024 results and host an earnings call on May 7, 2024.
April 25, 2024 | 8:43 pm
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Key Tronic Corporation expects Q4 2024 EPS between $0.00 and $0.10, with revenue estimates of $135M-$145M. The company will finalize and announce Q3 results on May 7, 2024.
The projected EPS range and revenue for Q4 2024 indicate a cautious but potentially stable outlook for Key Tronic Corporation. The announcement of these projections, along with the pending finalization of Q3 and Q4 results, suggests a neutral short-term impact on KTCC's stock price. The company's transparency in providing these estimates ahead of the final results may maintain investor confidence, but the wide range in EPS forecasts indicates uncertainty that could temper stock price movements.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100