Knowles Corp expected to post earnings of 28 cents a share - Earnings Preview

Reuters
12 Feb
Knowles Corp <kn.n> expected to post earnings of 28 cents a share - Earnings Preview </kn.n>
  • Knowles Corp KN.N, KN is expected to show a fall in quarterly revenue when it reports results on February 13 for the period ending December 31 2024

  • The Itasca Illinois-based company is expected to report a 32.2% decrease in revenue to $146 million from $215.2 million a year ago, according to the mean estimate from 4 analysts, based on LSEG data.The company's guidance on October 24 2024, for the period ended December 31, was for revenue between $141.00 million and $151.00 million.

  • ​LSEG's mean analyst estimate for Knowles Corp is for earnings of 28 cents per share. The company's EPS guidance on October 24 2024, for the period ended December 31, was between $0.26 and $0.30

  • The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "strong buy" or "buy," 1 "hold" and no "sell" or "strong sell."

  • The mean earnings estimate of analysts was unchanged in the last three months. ​

  • Wall Street's median 12-month price target for Knowles Corp is $22.00​, above​ its last closing price of $18.31. ​​​

The company's guidance on October 24 2024 for the period ended December 31 was for Earnings before Interest and Taxes between USD29.61 million and USD34.73 million.The company's guidance on October 24 2024 for the period ended December 31 was for Capital Expenditures of USD6 million.

Previous quarterly performance (using preferred earnings measure in US dollars). ​

QUARTER ENDING

STARMINESMARTESTIMATE®

LSEG IBES ESTIMATE

ACTUAL

BEAT, MET, MISSED

SURPRISE %

Sep. 30 2024

0.26

0.26

0.26

Met

1.3

Jun. 30 2024

0.24

0.24

0.24

Met

0

Mar. 31 2024

0.18

0.18

0.20

Beat

11.1​

Dec. 31 2023

0.30

0.30

0.28

Missed

-5.1

​​Sep. 30 2023

0.29

0.28

0.31

Beat

10.7

Jun. 30 2023

0.22

0.22

0.23

Beat

5.7​

Mar. 31 2023

0.05

0.05

0.05

Met

11.1

Dec. 31 2022

0.33

0.33

0.33

Met

1.2

This summary was machine generated February 11 at 22:02 GMT. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)

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