Key Tronic Corporation (KTCC) Announces Quarterly Earnings Results, Misses Estimates By $0.09 EPS
Key Tronic Corporation (NASDAQ:KTCC) posted its quarterly earnings results on Tuesday. The technology company reported $0.04 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.13 by ($0.09), Bloomberg Earnings reports. Key Tronic Corporation had a return on equity of 5.08% and a net margin of 1.20%. The company had revenue of $109.22 million for the quarter.
Shares of Key Tronic Corporation (NASDAQ:KTCC) traded down 1.06% on Wednesday, reaching $7.50. The company’s stock had a trading volume of 84,636 shares. Key Tronic Corporation has a one year low of $6.69 and a one year high of $8.20. The firm has a 50-day moving average price of $6.97 and a 200 day moving average price of $6.99. The firm has a market capitalization of $80.69 million, a PE ratio of 14.71 and a beta of -0.08.
Separately, ValuEngine upgraded Key Tronic Corporation from a “hold” rating to a “buy” rating in a research report on Friday, August 4th.
Key Tronic Corporation, doing business as KeyTronicEMS Co, is engaged in contract manufacturing for a range of products. The Company provides electronic manufacturing services (EMS) and solutions to original equipment manufacturers (OEMs) of a range of products. The Company provides engineering services, procurement and distribution, materials management, manufacturing and assembly services, in-house testing, and customer service.
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