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via finance.yahoo.comBusiness & Companies

Knowles Surges on Earnings Beat and Strong Guidance

FROM THE WIRE · FINANCE.YAHOO.COM

Investing.com -- Knowles Corporation (NYSE:KN) reported third-quarter results that exceeded analyst expectations, with adjusted earnings per share of $0.38 beating the consensus estimate of $0.36, while revenue of $184 million surpassed expectations of $172.1 million. Revenue…

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MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bullishEarnings and revenue beat estimates and fourth-quarter guidance exceeded consensus, a positive factor for the stock.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01Adjusted third-quarter EPS was $0.38, beating the $0.36 consensus estimate.
  2. 02Revenue reached $184 million, above the $172.1 million expected, up 20% year over year.
  3. 03For the fourth quarter the company projects adjusted EPS between $0.39 and $0.43.
  4. 04Shares rose 2.8% in after-hours trading on Thursday.
NEWS IMPACT AND MARKET REACTIONChange since the story · reference
Knowles CorporationKNStock33.38 USDMarket closedtoday -4.41%Positive
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets

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