Kewaunee Scientific (NASDAQ:KEQU) Posts Quarterly Earnings Results, Misses Estimates By $0.68 EPS

Kewaunee Scientific (NASDAQ:KEQU) announced its earnings results on Tuesday. The technology company reported ($0.15) earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.53 by ($0.68), Fidelity Earnings reports. The business had revenue of $34.75 million for the quarter. Kewaunee Scientific had a return on equity of 8.69% and a net margin of 2.71%.

Shares of KEQU opened at $18.82 on Thursday. The company has a debt-to-equity ratio of 0.01, a current ratio of 2.52 and a quick ratio of 1.82. Kewaunee Scientific has a one year low of $16.18 and a one year high of $38.80. The company has a market cap of $59.11 million, a P/E ratio of 14.16 and a beta of -0.44.

The company also recently declared a quarterly dividend, which will be paid on Friday, June 21st. Investors of record on Friday, June 7th will be given a dividend of $0.19 per share. This represents a $0.76 annualized dividend and a dividend yield of 4.04%. The ex-dividend date is Thursday, June 6th.

Several analysts recently commented on KEQU shares. TheStreet cut Kewaunee Scientific from a “b-” rating to a “c+” rating in a research report on Thursday, April 4th. ValuEngine cut Kewaunee Scientific from a “buy” rating to a “hold” rating in a research report on Thursday, February 28th.

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About Kewaunee Scientific

Kewaunee Scientific Corporation designs, manufactures, and installs laboratory, healthcare, and technical furniture products. The company operates in two segments, Domestic and International. Its products include steel, wood, laminate furniture, fume hoods, biological safety cabinets, laminar flow and ductless hoods, adaptable modular and column systems, moveable workstations and carts, epoxy resin worksurfaces, sinks, and accessories and related design services.

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Earnings History for Kewaunee Scientific (NASDAQ:KEQU)

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