Kimball Electronics (KE) Set to Announce Earnings on Tuesday

Kimball Electronics (NASDAQ:KE) is set to release its earnings data 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.Persons that are interested in registering for the company’s earnings conference call can do so using this link.

Kimball Electronics (NASDAQ:KE) last posted its quarterly earnings data on Monday, February 5th. The electronics maker reported $0.33 EPS for the quarter, missing analysts’ consensus estimates of $0.37 by ($0.04). Kimball Electronics had a return on equity of 10.37% and a net margin of 2.97%. The business had revenue of $421.24 million for the quarter, compared to analyst estimates of $435.60 million. 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 Trading Up 0.8 %

Kimball Electronics stock opened at $21.89 on Friday. The firm has a 50-day moving average of $21.25 and a 200-day moving average of $23.46. Kimball Electronics has a one year low of $19.69 and a one year high of $31.43. The company has a debt-to-equity ratio of 0.43, a current ratio of 1.97 and a quick ratio of 1.00. The company has a market cap of $544.40 million, a price-to-earnings ratio of 10.09 and a beta of 1.31.

Wall Street Analysts Forecast Growth

KE has been the subject of a number of recent research reports. Cantor Fitzgerald reduced their price objective on shares of Kimball Electronics from $33.00 to $28.00 and set an “overweight” rating for the company in a research note on Wednesday, February 7th. B. Riley reduced their price objective on shares of Kimball Electronics from $39.00 to $34.00 and set a “buy” rating for the company in a research note on Wednesday, February 7th.

Kimball Electronics Company Profile

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.