Kimball Electronics (KE) Set to Announce Earnings on Tuesday

Posted by Defense World Staff on May 5th, 2024

Kimball Electronics (NASDAQ:KE – Get Free Report) is set to post its quarterly earnings results after the market closes on Tuesday, May 7th. Analysts expect Kimball Electronics to post earnings of $0.40 per share for the quarter. Kimball Electronics has set its FY 2024 guidance at EPS.Individual interested in listening to the company’s earnings conference call can do so using this link.

Kimball Electronics (NASDAQ:KE – Get Free Report) last released its quarterly earnings results on Monday, February 5th. The electronics maker reported $0.33 earnings per share for the quarter, missing the consensus estimate of $0.37 by ($0.04). The company had revenue of $421.24 million during the quarter, compared to the consensus estimate of $435.60 million. Kimball Electronics had a net margin of 2.97% and a return on equity of 10.37%. On average, analysts expect Kimball Electronics to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Kimball Electronics Stock Performance

NASDAQ:KE opened at $21.89 on Friday. Kimball Electronics has a twelve month low of $19.69 and a twelve month high of $31.43. The stock has a market cap of $544.40 million, a P/E ratio of 10.09 and a beta of 1.31. The company has a quick ratio of 1.00, a current ratio of 1.97 and a debt-to-equity ratio of 0.43. The firm’s fifty day simple moving average is $21.25 and its 200 day simple moving average is $23.46.

Analyst Ratings Changes

A number of analysts have recently commented on the stock. B. Riley dropped their target price on shares of Kimball Electronics from $39.00 to $34.00 and set a “buy” rating on the stock in a report on Wednesday, February 7th. Cantor Fitzgerald dropped their target price on shares of Kimball Electronics from $33.00 to $28.00 and set an “overweight” rating on the stock in a report on Wednesday, February 7th.

Check Out Our Latest Stock Analysis on Kimball Electronics

Kimball Electronics Company Profile

(Get Free Report)

Kimball Electronics, Inc engages in the provision of electronics manufacturing, engineering, and supply chain support services to customers in the automotive, medical, industrial, and public safety end markets. It provides electronics manufacturing services, including engineering and supply chain support, to customers in the automotive, medical, and industrial end market verticals.