KEMET Reports Preliminary Fiscal 2019 Third Quarter Results

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Kemet (KEM) PT Lowered to $24 at B.Riley/FBR

February 1, 2019 9:30 AM EST

B.Riley/FBR analyst Josh Nichols lowered the price target on Kemet (NYSE: KEM) to $24.00 (from $33.00) while maintaining a Neutral rating.

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Kemet Corporation (KEM) Tops Q3 EPS by 13c, Revenues Miss

January 31, 2019 8:04 AM EST

Kemet Corporation (NYSE: KEM) reported Q3 EPS of $1.07, $0.13 better than the analyst estimate of $0.94. Revenue for the quarter came in at $350.2 million versus the consensus estimate of $354.33 million.

Net sales of $350.2 million up 14.2% versus prior year third fiscal quarterGAAP Diluted EPS... More