Kimball Electronics Inc reports results for the quarter ended December 31 - Earnings Summary

• Kimball Electronics Inc KE.OQ reported quarterly adjusted earnings of 29 cents​​ per share for the quarter ended December 31, lower than the same quarter last year, when the company reported EPS of 33 cents. The mean expectation of four analysts for the quarter was for earnings of 23 cents per share. Wall Street expected results to range from 16 cents to 30 cents per share.

• Revenue fell 15.2% to $357.39 million from a year ago; analysts expected $360.05 million.

• Kimball Electronics Inc's reported EPS for the quarter was 14 cents​.

• The company reported quarterly net income of $3.43 million.

• Kimball Electronics Inc shares had fallen by 6.4% this quarter.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 8.2% in the last three months.​

• In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

• 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 average consensus recommendation for the semiconductors peer group is also "buy"

Wall Street's median 12-month price target for Kimball Electronics Inc is $23.50

This summary was machine generated from LSEG data February 5 at 12:10 a.m. UTC. ​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)