Knowles (KN) Scheduled to Post Earnings on Wednesday

Knowles (NYSE:KN) will be issuing its quarterly earnings data after the market closes on Wednesday, May 1st. Knowles has set its Q1 guidance at $0.16-$0.20 EPS and its Q1 2024 guidance at 0.160-0.200 EPS.Parties interested in participating in the company’s conference call can do so using this link.

Knowles (NYSE:KN) last announced its quarterly earnings results on Wednesday, February 7th. The communications equipment provider reported $0.22 EPS for the quarter, topping analysts’ consensus estimates of $0.19 by $0.03. The business had revenue of $215.20 million for the quarter. Knowles had a return on equity of 5.28% and a net margin of 10.23%.

Knowles Price Performance

Shares of Knowles stock opened at $16.22 on Tuesday. The company has a debt-to-equity ratio of 0.22, a current ratio of 2.61 and a quick ratio of 1.41. The business’s 50 day simple moving average is $15.97 and its two-hundred day simple moving average is $16.07. The stock has a market capitalization of $1.45 billion, a P/E ratio of 20.53 and a beta of 1.49. Knowles has a one year low of $12.78 and a one year high of $18.48.

Insider Activity

In other news, SVP Raymond D. Cabrera sold 10,300 shares of the business’s stock in a transaction that occurred on Thursday, February 22nd. The stock was sold at an average price of $16.90, for a total transaction of $174,070.00. Following the transaction, the senior vice president now directly owns 94,870 shares of the company’s stock, valued at $1,603,303. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Insiders own 2.57% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities analysts have commented on KN shares. StockNews.com raised Knowles from a “hold” rating to a “buy” rating in a research note on Friday, February 16th. TheStreet raised Knowles from a “d+” rating to a “c-” rating in a research note on Tuesday, January 2nd.

Knowles Company Profile

Knowles Corporation offers capacitors, radio frequency (RF) filtering products, balanced armature speakers, micro-acoustic microphones, and audio solutions in Asia, the United States, Europe, other Americas, and internationally. It operates through three segments: Precision Devices (PD); Medtech & Specialty Audio (MSA); and Consumer MEMS Microphones (CMM).