Okayemet (KEM) got here out with quarterly earnings of $0.66 per share, in keeping with the Zacks C
Okayemet (KEM) got here out with quarterly earnings of $0.66 per share, in keeping with the Zacks Consensus Estimate. This compares to earnings of $0.87 per share a yr in the past. These figures are adjusted for non-recurring objects.
1 / 4 in the past, it was anticipated that this digital capacitor maker would submit earnings of $0.73 per share when it really produced earnings of $0.82, delivering a shock of 12.33%.
Over the past 4 quarters, the corporate has surpassed consensus EPS estimates 3 times.
Kemet, which belongs to the Zacks Electronics – Miscellaneous Elements trade, posted revenues of $327.40 million for the quarter ended September 2019, surpassing the Zacks Consensus Estimate by 0.77%. This compares to year-ago revenues of $349.23 million. The corporate has topped consensus income estimates 3 times during the last 4 quarters.
The sustainability of the inventory’s rapid value motion based mostly on the recently-released numbers and future earnings expectations will largely…