Kimball Electronics, Inc. (NASDAQ:KE) is reporting fourth quarter financial results on Tuesday 18th August 2020, after market close.
According to analysts surveyed by Thomson Reuters, KE is expected to report 4Q20 income of $ 0.20 per share from revenue of $ 275.20 million.
For the full year, analysts anticipate top line of $ 1189.60 million, while looking forward to income of $ 0.97 per share bottom line.
Previous Quarter Performance
Kimball Electronics, Inc. unfold income for the third quarter of $ 0.25 per share, from the revenue of $ 293.92 million. The quarterly earnings up 24.68 percent compared with the same quarter last year. Wall street analysts are predicting, KE to report 3Q20 income of $ 0.18 per share from revenue of $ 285.30 million. The bottom line results beat street analysts by $ 0.07 or 38.89 percent, at the same time, top line results outshined analysts by $ 8.62 million or 3.02 percent.
Historical Earnings Performance
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Stock Performance
According to the previous trading day, closing price of KE was $ 14.06, representing a 43.76 % increase from the 52 week low of $ 9.78 and a 23.96 % decrease over the 52 week high of $ 18.49.
The company has a market capital of $ 351.32 million and is part of the Technology sector and Electronic Components industry.
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Conference Call
Kimball Electronics, Inc. will be hosting a conference call at 10:00 AM eastern time on 19th August 2020, to discuss its 4Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.kimballelectronics.com
Kimball Electronics, Inc., a contract electronic manufacturing services company, engages in producing various electronics for the automotive, medical, industrial, and public safety end markets. The companys engineering, manufacturing, and supply chain services include design services and support, supply chain services and support, and rapid prototyping and product introduction support services, as well as product design, and process validation and qualification services. Its manufacturing services also comprise industrialization and automation of manufacturing processes; reliability testing, including testing of products under a series of environmental conditions; production and testing of printed circuit board assemblies; assembly, production, and packaging of medical disposables and other non-electronic products; design engineering and manufacturing of automation equipment, test and inspection equipment, and precision molded plastics; software design services; and product life cycle management services.