Knowles (KN) to Release Quarterly 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 that are interested in participating in the company’s conference call can do so using this link.

Knowles (NYSE:KN) last released its quarterly earnings data 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 firm had revenue of $215.20 million during the quarter. Knowles had a net margin of 10.23% and a return on equity of 5.28%.

Knowles Trading Up 2.4 %

Shares of Knowles stock opened at $15.98 on Wednesday. The firm has a 50-day moving average of $15.98 and a 200-day moving average of $16.02. The stock has a market cap of $1.43 billion, a PE ratio of 20.23 and a beta of 1.49. Knowles has a 52-week low of $12.78 and a 52-week high of $18.48. The company has a debt-to-equity ratio of 0.22, a quick ratio of 1.41 and a current ratio of 2.61.

Insider Activity

In related news, SVP Raymond D. Cabrera sold 10,300 shares of the company’s stock in a transaction dated Thursday, February 22nd. The shares were sold at an average price of $16.90, for a total transaction of $174,070.00. Following the completion of the sale, the senior vice president now owns 94,870 shares of the company’s stock, valued at $1,603,303. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 2.57% of the stock is currently owned by company insiders.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently issued reports on the stock. StockNews.com raised shares of Knowles from a “hold” rating to a “buy” rating in a research report on Friday, February 16th. TheStreet raised shares of Knowles from a “d+” rating to a “c-” rating in a research report 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).