Knowles (KN) Reports Q4 EPS of 14c, Q1 Guidance Falls Short
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FBR Capital Downgrades Knowles Corp (KN) to Underperform
February 13, 2015 6:24 AM ESTFBR Capital downgraded Knowles Corp (NYSE: KN) from Market Perform to Underperform with a price target of $15.00 (from $23.00).
Analyst Christopher Rolland commented, "We believe that Knowles Corporation's (KN) weaker-than-expected 1Q15 revenue and gross margin guidance exemplifiy our concerns around microphone MEMS commoditization and increasing competition, highlighted in our December 4, 2014, initiation report: "Sidelined on Recent Stumbles As Competitive Pressures Mount." Today, we downgrade KN shares from Market Perform to Underperform,... More
Knowles (KN) Declines Heading into Q4 Print
February 12, 2015 2:07 PM ESTKnowles (NYSE: KN) declined ahead of its Q4 print after the close. The Street sees EPS of $0.34 on revenue of $290.71 million.
... More