Key Tronic Q4 Adj. EPS $0.10 Up From $0.09 YoY, Sales $125.69M Down From $162.61M YoY
Portfolio Pulse from Benzinga Newsdesk
Key Tronic (NASDAQ:KTCC) reported Q4 earnings per share (EPS) of $0.10, an 11.11% increase from $0.09 YoY. However, sales dropped 22.71% to $125.69 million from $162.61 million YoY.
August 13, 2024 | 8:48 pm
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NEUTRAL IMPACT
Key Tronic reported an 11.11% increase in Q4 EPS to $0.10, but a significant 22.71% drop in sales to $125.69 million YoY. The mixed results may lead to short-term volatility in the stock price.
The increase in EPS is a positive sign, indicating improved profitability. However, the significant drop in sales is concerning and may offset the positive EPS impact, leading to short-term volatility in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100