Knowles Corp: Positive Long-Term Outlook
After a tough past 12 months, the go-forward outlook for Knowles's end-markets - from industrial to medtech to hearing aids - looks more positive with headwinds going away. Furthermore, Knowles will continue executing on internal opportunities like further cost synergies and price increases from their recent acquire of Cornell Dubilier. Unfortunately, the "fire-sale" like disposition of CMM did reduce my fair value estimate, but even once adjusted for, prospective returns look relatively attractive.
Knowles Corp (KN) Stock Price Up 3.12% on Oct 2
Shares of Knowles Corp (KN, Financial) surged 3.12% in mid-day trading on Oct 2. The stock reached an intraday high of $17.87, before settling at $17.84, up from its previous close of $17.30.
Knowles Corporation (KN) Q2 2024 Earnings Call Transcript
Knowles Corporation (NYSE:KN ) Q2 2024 Earnings Conference Call July 31, 2024 4:30 PM ET Company Participants Sarah Cook - Vice President-Investor Relations Jeffrey Niew - President and Chief Executive Officer John Anderson - Senior Vice President and Chief Financial Officer Conference Call Participants Christopher Rolland - Susquehanna Anthony Stoss - Craig-Hallum Tyler Bomba - Baird Bob Labick - CJS Securities Operator Thank you for standing by. My name is Kaylin.
