Electronic components manufacturer Knowles (NYSE: KN) will be reporting earnings this Thursday after market hours. Here’s what to expect.
Knowles beat analysts’ revenue expectations by 4.4% last quarter, reporting revenues of $145.9 million, down 28.7% year on year. It was a very strong quarter for the company, with a solid beat of analysts’ revenue estimates and an impressive beat of analysts’ EPS guidance for next quarter estimates.
Is Knowles a buy or sell going into earnings? Read our full analysis here, it’s free for active Edge members.
This quarter, analysts are expecting Knowles’s revenue to grow 4.6% year on year to $149.1 million, slowing from the 31.8% increase it recorded in the same quarter last year. Adjusted earnings are expected to come in at $0.31 per share.

Analysts covering the company have generally reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. Knowles has a history of exceeding Wall Street’s expectations, beating revenue estimates every single time since going public by 3.5% on average.
Looking at Knowles’s peers in the tech hardware & electronics segment, some have already reported their Q3 results, giving us a hint as to what we can expect. Jabil delivered year-on-year revenue growth of 18.5%, beating analysts’ expectations by 9.5%, and TD SYNNEX reported revenues up 6.6%, topping estimates by 3.5%. Jabil traded down 4.2% following the results while TD SYNNEX was up 9.5%.
Read our full analysis of Jabil’s results here and TD SYNNEX’s results here.
Investors in the tech hardware & electronics segment have had fairly steady hands going into earnings, with share prices down 1.5% on average over the last month. Knowles is up 3.2% during the same time and is heading into earnings with an average analyst price target of $22.50 (compared to the current share price of $23.60).
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