Kimball Electronics, Inc. Reports First Quarter Fiscal Year 2021 Results
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Kimball Electronics (KE) Tops Q1 EPS by 32c, Revenues Beat
November 3, 2020 4:11 PM ESTKimball Electronics (NASDAQ: KE) reported Q1 EPS of $0.65, $0.32 better than the analyst estimate of $0.33. Revenue for the quarter came in at $332 million versus the consensus estimate of $313.6 million.
Net sales in the first quarter were $332 million, a new quarterly record, up 6% year-over-yearQuarterly records for operating income of $17.8 million, net income of $16.8 million, and diluted earnings per share of $0.66First quarter operating income of 5.4% as a percent of net salesStrong cash flows provided by operating activities of $20.7 million during the... More