Knowles Corp reports results for the quarter ended March 31 - Earnings Summary

• Knowles Corp KN.N reported quarterly adjusted earnings of 18 cents​​ per share for the quarter ended March 31, lower than the same quarter last year, when the company reported EPS of 20 cents. The mean expectation of four analysts for the quarter was for earnings of 18 cents per share.

• Revenue fell 32.7% to $132.20 million from a year ago; analysts expected $128.95 million.

• Knowles Corp's reported EPS for the quarter was a loss of 2 cents​.

• The company reported a quarterly loss of $2 million.

• Knowles Corp shares had fallen by 2.5% this quarter and lost 25.6% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 16.3% in the last three months.​

• In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "strong buy" or "buy," 1 "hold" and no "sell" or "strong sell." The average consensus recommendation for the electronic equipment & parts peer group is also "buy"

• Wall Street's median 12-month price target for Knowles Corp is $21.00

This summary was machine generated from LSEG data April 24 at 09:01 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)