Kimball International, Inc. (NASDAQ:KBAL) is reporting first quarter financial results on Wednesday 4th November 2020, after market close.
According to analysts surveyed by Thomson Reuters, KBAL is expected to report 1Q21 income of $ 0.14 per share from revenue of $ 147.50 million.
For the full year, analysts anticipate top line of $ 558.80 million, while looking forward to income of $ 0.44 per share bottom line.
Previous Quarter Performance
Kimball International, Inc. outlined income for the fourth quarter of $ 0.29 per share, from the revenue of $ 156.07 million. The quarterly revenues decreased 20.20 percent compared with the same quarter last year. According to street consensus, KBAL was expected to report 4Q20 income of $ 0.10 per share from revenue of $ 156.60 million. The bottom line results beat street analysts by $ 0.19 or 190.00 percent, at the same time, top line results fell short of analysts by $ 0.53 million or 0.34 percent.
Stock Performance
Shares of Kimball International, Inc. traded up $ 0.36 or 3.38 percent on Tuesday, reaching $ 11.01 with volume of 119.70 thousand shares. Kimball International, Inc. has traded high as $ 11.08 and has cracked $ 10.74 on the downward trend
According to the previous trading day, closing price of $ 11.01, representing a 30.04 % increase from the 52 week low of $ 8.19 and a 51.79 % decrease over the 52 week high of $ 22.09.
The company has a market capital of $ 404.95 million and is part of the Industrials sector and Business Equipment industry.
Conference Call
Kimball International, Inc. will be hosting a conference call at 5:00 PM eastern time on 4th November 2020, to discuss its 1Q21 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.kimballinternational.com
Kimball International, Inc. designs, manufactures, and sells furniture products under the Kimball, National, and Kimball Hospitality brands in the United States and internationally. The company offers office furniture, including desks, tables, seating, bookcases, and filing and storage units for federal, state, and local government offices, as well as other government related entities; and furniture solutions, such as headboards, tables, seating, vanities, casegoods, lighting, and other products for hotel properties, and commercial and residential mixed use developments.
