Knowles (NYSE:KN) Releases Quarterly Earnings Results, Misses Estimates By $0.01 EPS

Knowles (NYSE:KN) issued its earnings results on Thursday. The communications equipment provider reported $0.22 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.23 by ($0.01), Zacks reports. Knowles had a negative net margin of 27.53% and a positive return on equity of 5.16%. The firm had revenue of $142.50 million during the quarter. Knowles updated its Q1 2025 guidance to 0.160-0.200 EPS.

Knowles Stock Performance

KN stock traded up $0.11 during mid-day trading on Friday, hitting $18.36. 1,607,776 shares of the company were exchanged, compared to its average volume of 508,772. Knowles has a 1-year low of $15.00 and a 1-year high of $20.85. The stock has a market capitalization of $1.62 billion, a PE ratio of -7.84 and a beta of 1.42. The business has a 50 day simple moving average of $19.56 and a 200-day simple moving average of $18.47. The company has a current ratio of 2.35, a quick ratio of 1.67 and a debt-to-equity ratio of 0.23.

Analysts Set New Price Targets

Several analysts have issued reports on the company. Craig Hallum lowered Knowles from a “buy” rating to a “hold” rating and set a $17.00 price objective on the stock. in a research note on Friday. Susquehanna dropped their price target on Knowles from $20.00 to $19.00 and set a “neutral” rating on the stock in a research note on Friday, October 25th. Finally, StockNews.com cut shares of Knowles from a “buy” rating to a “hold” rating in a research report on Saturday, October 26th.

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).