Knowles Q2 2024 Adj. EPS $0.24, Inline, Sales $204.700M Beat $204.275M Estimate
Portfolio Pulse from Benzinga Newsdesk
Knowles (NYSE:KN) reported Q2 2024 adjusted EPS of $0.24, meeting analyst expectations. The company also reported sales of $204.7 million, slightly beating the estimate of $204.275 million and marking an 18.32% increase from the same period last year.
July 31, 2024 | 8:14 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Knowles reported Q2 2024 adjusted EPS of $0.24, meeting analyst expectations. Sales were $204.7 million, slightly beating the estimate of $204.275 million and showing an 18.32% increase from the same period last year.
The earnings report shows that Knowles met EPS expectations and slightly beat sales estimates, which is positive news. The significant year-over-year sales growth of 18.32% further supports a positive short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100