Knowles (KN) to Release Quarterly Earnings on Wednesday

Knowles (NYSE:KN) will be announcing its earnings results after the market closes on Wednesday, May 1st. Knowles has set its Q1 guidance at $0.16-$0.20 EPS and its Q1 2024 guidance at 0.160-0.200 EPS.Investors that wish to listen to the company’s conference call can do so using this link.

Knowles (NYSE:KN) last issued its quarterly earnings results on Wednesday, February 7th. The communications equipment provider reported $0.22 earnings per share for the quarter, topping the consensus estimate of $0.19 by $0.03. The business had revenue of $215.20 million during the quarter. Knowles had a return on equity of 5.28% and a net margin of 10.23%.

Knowles Price Performance

Shares of NYSE KN opened at $15.98 on Wednesday. The company has a debt-to-equity ratio of 0.22, a quick ratio of 1.41 and a current ratio of 2.61. The company has a market cap of $1.43 billion, a PE ratio of 20.23 and a beta of 1.49. The business has a 50-day simple moving average of $15.98 and a two-hundred day simple moving average of $16.02. Knowles has a fifty-two week low of $12.78 and a fifty-two week high of $18.48.

Analyst Upgrades and Downgrades

KN has been the subject of several recent analyst reports. StockNews.com raised Knowles from a “hold” rating to a “buy” rating in a report on Friday, February 16th. TheStreet raised Knowles from a “d+” rating to a “c-” rating in a report on Tuesday, January 2nd.

Insiders Place Their Bets

In related news, SVP Raymond D. Cabrera sold 10,300 shares of Knowles stock in a transaction dated Thursday, February 22nd. The stock was sold at an average price of $16.90, for a total value of $174,070.00. Following the completion of the transaction, the senior vice president now owns 94,870 shares in the company, valued at approximately $1,603,303. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Insiders own 2.57% of the company’s stock.

Knowles Company Profile

Knowles Corporation offers capacitors, radio frequency (RF) filtering products, balanced armature speakers, micro-acoustic microphones, and audio solutions in Asia, the United States, Europe, other Americas, and internationally. It operates through three segments: Precision Devices (PD); Medtech & Specialty Audio (MSA); and Consumer MEMS Microphones (CMM).