Key Tronic (NASDAQ:KTCC) Updates Q3 2020 Pre-Market Earnings Guidance

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Key Tronic (NASDAQ:KTCC) issued an update on its third quarter 2020
Pre-Market earnings guidance on Tuesday morning. The company provided earnings per share guidance of 0.13-0.17 for the period. The company issued revenue guidance of $117-121 million.Key Tronic also updated its Q2 2020
Pre-Market guidance to 0.08-0.08 EPS.

Shares of KTCC stock opened at $6.17 on Friday. The company has a market capitalization of $66.35 million, a PE ratio of -8.34 and a beta of 0.41. The firm has a fifty day simple moving average of $5.84 and a 200-day simple moving average of $5.63. The company has a current ratio of 1.96, a quick ratio of 0.93 and a debt-to-equity ratio of 0.44. Key Tronic has a twelve month low of $4.83 and a twelve month high of $7.30.

Key Tronic (NASDAQ:KTCC) last announced its earnings results on Tuesday, October 29th. The technology company reported $0.14 earnings per share for the quarter, meeting the consensus estimate of $0.14. The business had revenue of $105.29 million during the quarter. Key Tronic had a negative net margin of 1.82% and a positive return on equity of 3.54%.

Separately, ValuEngine upgraded shares of Key Tronic from a sell rating to a hold rating in a research note on Wednesday, October 2nd.

About Key Tronic

Key Tronic Corporation, doing business as KeyTronicEMS Co, provides electronic manufacturing services (EMS) and solutions to original equipment manufacturers in the United States and internationally. The company offers integrated electronic and mechanical engineering, assembly, sourcing and procurement, logistics, and new product testing services.

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