earnings
confidence high
sentiment positive
materiality 0.65
Knowles reports 2021 non-GAAP EPS $1.53, targets $2.50+
Knowles Corp
2021-FY EPS reported
$1.59
revenue$868,100,000
- GAAP diluted EPS from continuing ops $1.59; non-GAAP diluted EPS $1.53.
- Free cash flow $133.5M (15.4% margin), up from $96.2M in 2020.
- Adjusted EBIT margin 20.1%, gross profit margin 41.7%.
- Management targets $2.50+ non-GAAP diluted EPS; focus on Ear, IoT, MedTech, EV, Defense.
- Successful debt reduction enables increased share buyback; M&A to deliver accretive returns.