Knowles Sees Q4 GAAP EPS $0.12-0.16 vs $0.16 Est; Raises Q4 Sales Guidance from $140.00M-150.00M to $141.00M-151.00M vs $163.20M Est
Portfolio Pulse from Benzinga Newsdesk
Knowles Corporation has adjusted its Q4 guidance, forecasting GAAP EPS between $0.12 and $0.16, slightly below the analyst estimate of $0.16. The company also raised its Q4 sales guidance to a range of $141 million to $151 million, still below the analyst estimate of $163.20 million.
October 24, 2024 | 8:14 pm
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Knowles Corporation has revised its Q4 guidance, with GAAP EPS expected between $0.12 and $0.16, slightly below the analyst estimate of $0.16. The company also raised its Q4 sales guidance to $141 million-$151 million, still below the $163.20 million estimate.
The revised EPS guidance is slightly below analyst expectations, which could negatively impact investor sentiment. Although sales guidance was raised, it remains below analyst estimates, suggesting potential challenges in meeting market expectations.
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