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Recap: Kemet Q4 Earnings

Benzinga Insights

Shares of Kemet (NYSE:KEM) remained unaffected at $27.03 after the company reported Q4 results.

Quarterly Results

Earnings per share decreased 64.76% over the past year to $0.37, which beat the estimate of $0.17.

Revenue of $293,174,000 decreased by 17.60% from the same period last year, which beat the estimate of $264,250,000.

Outlook

Kemet hasn't issued any earnings guidance for the time being.

Kemet hasn't issued any revenue guidance for the time being.

Details Of The Call

Date: May 14, 2020

View more earnings on KEM

Time: 09:48 PM ET

Webcast URL: https://edge.media-server.com/mmc/p/c9ydba7e

Price Action

52-week high: $27.61

52-week low: $15.87

Price action over last quarter: Up 2.74%

Company Profile

Kemet Corp together with its subsidiaries, manufactures and sells passive electronic components under the KEMET brand worldwide and the TOKIN brand in Japan and Korea. Company also operates in Solid (Tantalum and Ceramic) Capacitors, Film and Electrolytic Capacitors, and Magnetics, Sensors & Actuators. Company ships approximately 50 billion components annually to 138 countries for use in the automotive, communications, computer-related, industrial, consumer, military/aerospace/marine, and alternative energy industries. Company sells its products to original equipment manufacturers, electronics manufacturing services providers, and electronics distributors. Company's philosophy incorporates key environmental, social and governance principles into its decision making.

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