Kimball Electronics (KE) Q2 Earnings Top Estimates

Company Performance - Kimball Electronics reported quarterly earnings of $0.29 per share, exceeding the Zacks Consensus Estimate of$ 0.24 per share, but down from $0.33 per share a year ago, representing an earnings surprise of 20.83% [1] - The company posted revenues of$ 357.39 million for the quarter ended December 2024, missing the Zacks Consensus Estimate by 1.87%, and down from $421.24 million year-over-year [2] - Over the last four quarters, Kimball Electronics has surpassed consensus EPS estimates only once and has topped consensus revenue estimates just once [2] Stock Performance - Kimball Electronics shares have declined approximately 6.4% since the beginning of the year, while the S&P 500 has gained 1.9% [3] - The current consensus EPS estimate for the upcoming quarter is$ 0.27 on revenues of $369.2 million, and for the current fiscal year, it is$ 1.06 on revenues of $1.48 billion [7] Industry Outlook - The Zacks Industry Rank for Electronics - Miscellaneous Products is in the top 34% of over 250 Zacks industries, indicating a favorable outlook as the top 50% of Zacks-ranked industries outperform the bottom 50% by more than 2 to 1 [8] - The estimate revisions trend for Kimball Electronics is mixed, resulting in a Zacks Rank 3 (Hold), suggesting the stock is expected to perform in line with the market in the near future [6]