Kornit Digital (KRNT) Lags Q4 Earnings Estimates

Core Viewpoint - Kornit Digital reported quarterly earnings of $0.18 per share, missing the Zacks Consensus Estimate of$ 0.21 per share, but showing an improvement from $0.08 per share a year ago, indicating a year-over-year growth in earnings despite the earnings surprise of -14.29% [1][2] Financial Performance - The company posted revenues of$ 60.7 million for the quarter ended December 2024, surpassing the Zacks Consensus Estimate by 0.54% and showing an increase from $56.59 million in the same quarter last year [2] - Over the last four quarters, Kornit Digital has surpassed consensus EPS estimates three times and topped consensus revenue estimates two times [2] Stock Performance - Kornit Digital shares have declined approximately 5.8% since the beginning of the year, contrasting with the S&P 500's gain of 3.2% [3] - The current consensus EPS estimate for the upcoming quarter is$ 0.01 on revenues of $47.3 million, while for the current fiscal year, it is$ 0.36 on revenues of $225.61 million [7] Industry Outlook - The Commercial Printing industry, to which Kornit Digital belongs, is currently ranked in the top 12% of over 250 Zacks industries, suggesting a favorable outlook for the sector [8]