Knowles (NYSE:KN) released its earnings results on Wednesday, February 7th. The communications equipment provider reported $0.40 EPS for the quarter, topping analysts’ consensus estimates of $0.33 by $0.07, Briefing.com reports. The company had revenue of $215.50 million during the quarter, compared to analysts’ expectations of $221.96 million. Knowles had a net margin of 8.32% and a return on equity of 6.28%. Knowles’s revenue for the quarter was up 1.2% on a year-over-year basis. During the same period last year, the business earned $0.32 EPS. Knowles updated its Q1 guidance to $0.10-0.14 EPS.
Knowles (NYSE KN) traded up $0.10 on Thursday, reaching $14.21. 424,215 shares of the company’s stock were exchanged, compared to its average volume of 998,024. Knowles has a 12 month low of $13.10 and a 12 month high of $19.90. The company has a quick ratio of 1.78, a current ratio of 2.60 and a debt-to-equity ratio of 0.17. The stock has a market cap of $1,218.87, a price-to-earnings ratio of 19.32, a PEG ratio of 1.80 and a beta of 0.78.
In other Knowles news, Director Didier Hirsch purchased 2,000 shares of Knowles stock in a transaction on Monday, February 12th. The stock was bought at an average cost of $13.40 per share, with a total value of $26,800.00. Following the transaction, the director now owns 40,821 shares of the company’s stock, valued at approximately $547,001.40. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Insiders have acquired a total of 4,947 shares of company stock valued at $71,374 over the last three months. 2.20% of the stock is currently owned by insiders.
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Knowles Corporation is a global supplier of micro-acoustic, audio processing and specialty component solutions, serving the mobile consumer electronics, communications, medical, military, aerospace and industrial markets. The Company operates through two segments: Mobile Consumer Electronics (MCE) and Specialty Components (SC).
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