Kemet Corp. (KEM) Scheduled to Post Quarterly Earnings on Thursday
Kemet Corp. (NYSE:KEM) is scheduled to be issuing its Q414 quarterly earnings data on Thursday, July 24th. Analysts expect the company to announce earnings of $0.02 per share and revenue of $215.60 million for the quarter.
Kemet Corp. (NYSE:KEM) last released its earnings data on Thursday, May 8th. The company reported $0.01 earnings per share for the quarter, missing the analysts’ consensus estimate of $0.02 by $0.01. The company had revenue of $215.82 million for the quarter, compared to the consensus estimate of $207.07 million. During the same quarter last year, the company posted ($0.22) earnings per share. Kemet Corp.’s revenue was up 8.2% compared to the same quarter last year. On average, analysts expect Kemet Corp. to post $0.31 EPS for the current fiscal year and $0.83 EPS for the next fiscal year.
Kemet Corp. (NYSE:KEM) opened at 5.70 on Wednesday. Kemet Corp. has a 1-year low of $3.93 and a 1-year high of $6.41. The stock’s 50-day moving average is $5.84 and its 200-day moving average is $5.64. The company’s market cap is $258.6 million.
On the ratings front, analysts at Zacks upgraded shares of Kemet Corp. from a “neutral” rating to an “outperform” rating in a research note on Thursday, June 26th. They now have a $6.10 price target on the stock.
KEMET Corporation (NYSE:KEM) is a global manufacturer of a variety of capacitors.
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