Materiality pending
Public signal · 1-minute delayed
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AI summary
What happened, with direct paths to the underlying reporting
Summary: - Kimball Electronics (KE) reported earnings of $0.34 per share, missing estimates and down from $0.65 last year. - Company missed revenue estimates, posting $425.04 million compared to $484.7 million a year ago. - Stock has dropped 18.9% this year while S&P 500 gained 8.6%. - Zacks Rank for KE is #3 (Hold), suggesting performance in line with the market. - Exro Technologies Inc., in the same industry, is expected to report quarterly loss. Price Impact Rating: Bearish Impact Horizon Rating: Short-term Type: Earnings
- Summary:
- Kimball Electronics (KE) reported earnings of $0.34 per share, missing estimates and down from $0.65 last year.
- Company missed revenue estimates, posting $425.04 million compared to $484.7 million a year ago.
- Stock has dropped 18.9% this year while S&P 500 gained 8.6%.
- Zacks Rank for KE is #3 (Hold), suggesting performance in line with the market.
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