Kornit Digital (KRNT) Beats This autumn Earnings and Income Estimates

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Kornit Digital (KRNT) Beats This autumn Earnings and Income Estimates

Korni


Kornit Digital (KRNT) got here out with quarterly earnings of $0.17 per share, beating the Zacks Consensus Estimate of $0.16 per share. This compares to earnings of $0.08 per share a yr in the past. These figures are adjusted for non-recurring objects.

This quarterly report represents an earnings shock of 6.25%. 1 / 4 in the past, it was anticipated that this digital textile printer would put up earnings of $0.16 per share when it truly produced earnings of $0.09, delivering a shock of -43.75%.

Over the past 4 quarters, the corporate has surpassed consensus EPS estimates simply as soon as.

Kornit Digital, which belongs to the Zacks Business Printing trade, posted revenues of $48.65 million for the quarter ended December 2019, surpassing the Zacks Consensus Estimate by 0.34%. This compares to year-ago revenues of $37.79 million. The corporate has topped consensus income estimates two occasions during the last 4 quarters.

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