Streetbeat News

KNYJY

Kone Corp.

http://www.kone.com/

CEO

Henrik Ehrnrooth

Open

25.26

Mkt cap

26B

Volume

1.1K

High

25.38

P/E Ratio

25.56

52-wk high

30.12

Low

25.26

Div yield

0.04

52-wk low

22.69

KONE faces challenges due to its exposure to the Chinese property market and macroeconomic trends, impacting its margins. Despite solid 3Q24 results, the company's valuation is considered high, leading to a 'Hold' rating with a target price of €42/share. Service revenue growth is promising, but risks from quality issues and competition remain.

Portfolio Pulse from

November 16, 2024 | 11:00 am

KONE reported Q3 2024 earnings per share of $0.26, missing the analyst estimate of $0.28. Sales were $3.026 billion, below the expected $3.109 billion. Both figures show slight growth from the previous year.

Portfolio Pulse from Benzinga Newsdesk

October 24, 2024 | 10:37 am

KONE (OTC:KNYJY) is set to release its quarterly earnings report on October 24, 2024. Analysts expect an EPS of $0.28. Investors are keen on not just an earnings beat but also positive future guidance. Historically, KONE's stock price reacts more to guidance than to earnings beats or misses.

Portfolio Pulse from Benzinga Insights

October 23, 2024 | 2:02 pm

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