KN Earnings Prediction
The chart below shows how KN performed 10 days before and after its earnings report, based on data from the past quarters. Typically, KN sees a +1.19% change in stock price 10 days leading up to the earnings, and a +3.08% change 10 days following the report. On the earnings day itself, the stock moves by +0.53%. This data can give you a slight idea of what to expect for the next quarter's release.
KN Key Earning Data
2024/Q4
Year Over Year
Quarter Over Quarter
Total Revenue
142.50M
-33.78%
0.00%
Gross Margin
-344.63%
-1043.67%
-879.53%
Operating Margin
-376.56%
-3869.37%
-2474.27%
Net Margin
--
--
--
EPS
0.20
-61.54%
1900.00%
No Data Available
KN Earnings Analysis
Knowles Corp Corporation (KN.N) Earnings Conference Call
Positive
Q4 Revenue Increase: Revenue for Q4 2024 was $143 million, up 2% from the previous year, and within the guided range.
EPS Growth Analysis: Non-GAAP diluted EPS for Q4 2024 was $0.27, representing a 23% increase from Q4 2023, and also within the guided range.
Revenue and EPS Growth: For the full year 2024, revenue from continuing operations grew by 21% and non-GAAP diluted EPS increased by 32% compared to 2023 levels.
MedTech Revenue Increase: In Q4, the MedTech and Specialty Audio segment generated $70 million in revenue, with a full year increase of 8% driven by higher shipments in the hearing health market.
Strong Cash Flow and Repurchases: The company generated $130 million in cash from operating activities for the full year 2024, and authorized an additional $150 million for share repurchases, reflecting strong cash flow and commitment to returning capital to shareholders.
Negative
Q4 2024 Revenue Growth: Revenue for Q4 2024 was $143 million, which was only a 2% increase year-over-year, indicating a slowdown in growth compared to previous quarters.
Gross Margin Decline: Gross margins for Q4 2024 decreased to 51.4%, down 130 basis points from the previous year, primarily due to lower average pricing on mature products and higher factory costs.
Precision Devices Shipment Shortfall: The Precision Devices segment faced a shipment shortfall of over $3 million due to production ramp-up challenges in the specialty film capacitor line, impacting overall revenue expectations.
R&D Expense Increase: R&D expenses increased to $9 million in Q4 2024, up $1 million from the previous year, indicating rising costs without immediate revenue returns from new product developments.
MEMS Microphone Revenue Loss: The consumer MEMS microphone business generated approximately $260 million in revenue before its sale, indicating a significant loss of revenue potential for the company moving forward.
KN FAQs
How does KN typically perform around its earnings report dates?
Is Knowles Corp (KN) Q4 2024 Earnings Call Summary positive or negative?
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KN Earning Call Sentiment
Earnings call transcript: Knowles Corp Q4 2024 misses EPS and revenue forecasts
KN.N
-1.46%Positive
The earnings call presents a mixed outlook. Positive factors include a share buyback program, revenue growth, and EPS growth. However, challenges such as production issues, pricing pressure, and tariff exposure temper enthusiasm. Additionally, gross margins have declined, and management's vague responses in the Q&A session raise concerns. The company's guidance for revenue and EPS shows modest growth, but ongoing issues may hinder performance. Considering these factors, the stock price is likely to remain stable, resulting in a neutral sentiment over the next two weeks.
