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Stock impact report

Earnings To Watch: Kimball Electronics (KE) Reports Q3 Results Tomorrow [Yahoo! Finance]

Kimball Electronics, Inc. (KE) 
Company Research Source: Yahoo! Finance
Kimball Electronics missed analysts' revenue expectations by 3.6% last quarter, reporting revenues of $430.2 million, down 13.3% year on year. It was a disappointing quarter for the company, with full-year revenue guidance missing analysts' expectations and a miss of analysts' earnings estimates. Is Kimball Electronics a buy or sell going into earnings? Read our full analysis here, it's free This quarter, analysts are expecting Kimball Electronics's revenue to decline 14.4% year on year to $374.8 million, a reversal from the 7.9% increase it recorded in the same quarter last year. Adjusted earnings are expected to come in at $0.25 per share. The majority of analysts covering the company have reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. Kimball Electronics has missed Wall Street's revenue estimates four times over the last two years. Looking at Kimball Electronics's peers in the electrical Show less Read more
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