Knowles Sees Q2 2024 Adj. EPS $0.22-$0.26 Vs $0.23 Est.; Revenue $199M-$209M Vs $205.5M Est.
Portfolio Pulse from Benzinga Newsdesk
Knowles Corporation projects its Q2 2024 adjusted EPS to be between $0.22 and $0.26, compared to the estimated $0.23. Revenue is expected to range from $199M to $209M, against an estimate of $205.5M.
May 01, 2024 | 8:47 pm
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Knowles Corporation anticipates its Q2 2024 adjusted EPS to be in the range of $0.22 to $0.26, which aligns closely with the analyst estimate of $0.23. The company also expects revenue to be between $199M and $209M, which is in line with the estimated $205.5M.
The projected EPS and revenue for Knowles Corporation are very close to analyst estimates, indicating that the company's performance is in line with market expectations. This alignment suggests a neutral short-term impact on the stock price, as the guidance does not significantly exceed nor fall short of the expectations.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100