NASDAQ$KE

Kimball Electronics Inc · Q4 2024 earnings

Q4 2024 earnings · · Investor relations

Briefing

Kimball Electronics' Q4 results reflected a focus on controlling controllable factors amidst a challenging EMS industry environment, with adjusted cost structure, improved working capital management, and positive cash flow generation.

Kimball Electronics reported Q4 net sales of $430.2 million and operating income of $19.6 million, or 4.6% of net sales. The company focused on cost control and working capital management amidst a challenging operating environment.

  • Net sales totaled $430.2 million.
  • Operating income was $19.6 million, representing 4.6% of net sales.
  • Adjusted operating income reached $20.9 million, or 4.9% of net sales.
  • Cash flow from operating activities was $48.5 million, driven by inventory reductions.

Headline financials

Total Revenue

$430M

Previous: $496M-13.3%
EPS (adj)

$0.33

Previous: $0.76-56.6%
Capital Expenditures

$9M

Previous: $23.8M-62.2%
Net Income

$7.54M

Previous: $19.2M-60.7%
Operating Income

$19.6M

Previous: $31.4M-37.7%
Gross Profit

$36.7M

Previous: $49.7M-26.1%
Stock-Based Comp

$1.75M

Previous: $1.56M+12.4%

Revenue & EPS history

Kimball Electronics · Revenue · Quarterly

$430M

Q4 2024-13.3%vs Q4 2023
Beat estimate in 8 of 15 quarters(53%)
ActualEstimate

Revenue by segment

Kimball Electronics · $482M total across 3 segments · Q4 2023

  • Automotive
    $220M+44.1%
  • Industrial
    $142M+61.1%
  • Medical
    $121M+5.7%

Forward guidance

Kimball Electronics anticipates net sales between $1.440 and $1.540 billion for fiscal year 2025, representing an 8% to 14% decline year-over-year excluding Automation, Test and Measurement sales. Adjusted operating income is projected to be 4.0% - 4.5% of net sales.

Tailwinds

  • Cost controls
  • Capital allocation strategy focused on longer-term growth
  • Lasting customer relationships
  • Opportunistic share repurchases

Headwinds

  • Macro headwinds are expected to persist.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q4 2024

Historical avgQ4 2024

-0.2%

Avg return

Earnings day

-0.2%

Avg return

5 days after

+0.3%

Avg return

30 days after

47%

24 / 51 earnings

Positive

+25.1%

Q3 2025

Best reaction

-23.3%

Q2 2026

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q3 2026-8.1%-4.9%-10.1%
Q2 2026-23.3%-19.1%-26.3%
Q1 2026-1.0%-6.4%+1.3%
Q3 2025+25.1%+26.6%+25.8%
Q2 2025+0.7%-7.4%-7.3%
Q1 2025+7.8%+14.4%+7.8%
Q4 2024-8.6%-8.0%-13.1%
Q3 2024+4.1%+2.2%+0.0%
Q2 2024-15.6%-11.0%-10.1%
Q1 2024-13.7%-13.5%-9.9%
Q4 2023+5.8%+2.0%-0.1%
Q3 2023+1.3%+3.4%+24.8%
Q2 2023+6.3%+1.2%-1.3%
Q1 2023+3.6%+11.1%+10.8%
Q4 2022-5.0%-3.6%-7.3%
Q3 2022+1.3%-3.5%+8.9%
Q2 2022-5.2%-7.9%-3.4%
Q1 2022-3.1%-4.2%-30.6%
Q4 2021+8.8%+8.6%+19.4%
Q3 2021-5.9%-2.6%-5.3%
Q2 2021+18.7%+25.4%+27.3%
Q1 2021+2.8%+4.2%+20.9%
Q4 2020-4.2%-4.1%-11.1%
Q3 2020-2.5%+3.0%+16.8%
Q2 2020-0.9%-4.4%-22.0%
Q1 2020+13.5%+16.6%+12.9%
Q4 2019-3.9%-8.7%-19.0%
Q3 2019+3.4%+2.7%-6.1%
Q2 2019-3.0%-3.8%-2.6%
Q1 2019-5.7%-5.8%-11.3%
Q4 2018-4.7%-0.2%-2.7%
Q3 2018+8.7%+11.2%+18.8%
Q2 2018-4.2%-4.2%+1.7%
Q1 2018-9.1%-8.9%-5.2%
Q4 2017-4.8%-3.2%-1.3%
Q3 2017-3.5%-5.5%+0.9%
Q2 2017-1.5%-2.9%-5.3%
Q1 2017-0.4%+3.9%+25.7%
Q4 2016-3.0%-1.4%-1.8%
Q3 2016-0.9%
Q2 2016-1.8%
Q1 2016-2.7%
Q4 2015+3.9%
Q3 2015+2.9%
Q3 2014+2.9%
Q2 2014+7.0%
Q2 2015+7.0%
Q1 2014+0.6%
Q4 2014+0.6%
Q4 2013+0.6%
Q1 2015+0.6%
Q3 2013
Q2 2013
Q1 2013

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