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Kimball Electronics (KE) Q1 Earnings Match Estimates
KEKimball Electronics(KE) ZACKS·2024-11-05 00:40

Group 1 - Kimball Electronics reported quarterly earnings of 0.22pershare,matchingtheZacksConsensusEstimate,butdownfrom0.22 per share, matching the Zacks Consensus Estimate, but down from 0.43 per share a year ago [1] - The company posted revenues of 374.26millionforthequarterendedSeptember2024,missingtheZacksConsensusEstimateby0.65374.26 million for the quarter ended September 2024, missing the Zacks Consensus Estimate by 0.65% and down from 438.08 million year-over-year [2] - Kimball Electronics shares have declined approximately 32.7% since the beginning of the year, contrasting with the S&P 500's gain of 20.1% [3] Group 2 - The earnings outlook for Kimball Electronics is mixed, with the current consensus EPS estimate for the coming quarter at 0.29onrevenuesof0.29 on revenues of 372.7 million, and 1.17on1.17 on 1.52 billion in revenues for the current fiscal year [7] - The Zacks Industry Rank for Electronics - Miscellaneous Products is in the top 26% of over 250 Zacks industries, indicating a favorable industry outlook [8]