Earnings Preview: KONE

KONE KNYJY will release its quarterly earnings report on Thursday, 2024-10-24. Here's a brief overview for investors ahead of the announcement.

Analysts anticipate KONE to report an earnings per share (EPS) of $0.28.

KONE bulls will hope to hear the company announce they've not only beaten that estimate, but also to provide positive guidance, or forecasted growth, for the next quarter.

New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).

Historical Earnings Performance

During the last quarter, the company reported an EPS missed by $0.00, leading to a 0.74% drop in the share price on the subsequent day.

Here's a look at KONE's past performance and the resulting price change:

Performance of KONE Shares

Shares of KONE were trading at $28.08 as of October 21. Over the last 52-week period, shares are up 33.43%. Given that these returns are generally positive, long-term shareholders are likely bullish going into this earnings release.

To track all earnings releases for KONE visit their earnings calendar on our site.

This article was generated by Benzinga's automated content engine and reviewed by an editor.