Knowles KN reported its Q4 earnings results on Wednesday, February 7, 2024 at 04:01 PM.
Here’s what investors need to know about the announcement.
Earnings
Knowles missed estimated earnings by 3.45%, reporting an EPS of $0.28 versus an estimate of $0.29.
Revenue was up $18.10 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.03 which was followed by a 18.73% increase in the share price the next day.
Here’s a look at Knowles’s past performance:
| Quarter | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 |
|---|---|---|---|---|
| EPS Estimate | 0.28 | 0.22 | 0.04 | 0.33 |
| EPS Actual | 0.31 | 0.23 | 0.05 | 0.33 |
| Revenue Estimate | 179.05M | 172.32M | 134.33M | 210.00M |
| Revenue Actual | 175.10M | 173.00M | 144.30M | 197.10M |
New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).
Guidance
Knowles management provided guidance for Q1 2024, expecting earnings between $0.16 and $0.2 per share.
To track all earnings releases for Knowles visit their earnings calendar here.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.
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