Knowles: Q4 Earnings Insights - Knowles (NYSE:KN)

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.

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.

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).

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.