Knowles (NYSE:KN) Issues Quarterly Earnings Results

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

Knowles Stock Performance

Shares of KN stock traded up $0.11 on Monday, hitting $18.36. 1,607,776 shares of the stock traded hands, compared to its average volume of 508,772. The company has a debt-to-equity ratio of 0.23, a current ratio of 2.35 and a quick ratio of 1.67. The company has a market capitalization of $1.62 billion, a PE ratio of -7.84 and a beta of 1.42. Knowles has a 1-year low of $15.00 and a 1-year high of $20.85. The company's fifty day moving average is $19.54 and its 200 day moving average is $18.48.

Analyst Upgrades and Downgrades

A number of equities analysts have weighed in on the company. StockNews.com upgraded Knowles from a "hold" rating to a "buy" rating in a report on Monday. Craig Hallum lowered Knowles from a "buy" rating to a "hold" rating and set a $17.00 target price on the stock. in a research report on Friday. Finally, Susquehanna cut their target price on Knowles from $20.00 to $19.00 and set a "neutral" rating on the stock in a research report on Friday, October 25th.

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).