Knowles Reports Q3 2018 Financial Results and Provides Outlook for Q4 2018

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Knowles Corp (KN) PT Lowered to $16 at Susquehanna

October 25, 2018 8:50 AM EDT

Susquehanna analyst Christopher Rolland lowered the price target on Knowles Corp (NYSE: KN) to $16.00 (from $17.00) while maintaining a Neutral rating.

Rolland commented, "Results and guidance were generally in-line and better than feared as Apple exposure helps KN fare better than most during this difficult environment."

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Knowles (KN) Tops Q3 EPS by 4c, Revenues Beat; Offers 4Q EPS/Revenue Outlook

October 24, 2018 4:29 PM EDT

Knowles (NYSE: KN) reported Q3 EPS of $0.34, $0.04 better than the analyst estimate of $0.30. Revenue for the quarter came in at $236.2 million versus the consensus estimate of $219.76 million.

We delivered Q3 revenues above the high end of our guidance range, said Jeffrey Niew, president and CEO of Knowles. Sales in our Audio segment were 19... More