Knowles Corporation reports results for the quarter ended September 30 - Earnings Summary

• Knowles Corporation KN.N reported quarterly adjusted earnings of 38 cents​​ per share for the quarter ended September 30, higher than the same quarter last year, when the company reported EPS of 33 cents. The mean expectation of four analysts for the quarter was for earnings of 36 cents per share. Wall Street expected results to range from 35 cents to 36 cents per share.

• Revenue rose 20.3% to $184.00 million from a year ago; analysts expected $172.10 million.

• Knowles Corporation's reported EPS for the quarter was 25 cents​.

• The company reported quarterly net income of $21.2 million.

• Knowles Corporation shares had fallen by 6.0% this quarter and gained 62.9% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had risen by about 5.9% in the last three months.​

• In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "strong buy" or "buy," 1 "hold" and no "sell" or "strong sell." The average consensus recommendation for the electronic equipment & parts peer group is also "buy"

• Wall Street's median 12-month price target for Knowles Corporation is $43.50, about 23.3% above its last closing price of $33.38

This summary was machine generated from LSEG data October 22 at 10:00 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)