KBAL Stock Recent News

Small-cap stocks can at times offer significant growth opportunity that is not possible from more mature companies.

Kimball International (KBAL) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #1 (Strong Buy).

Kimball International (KBAL) could be a solid choice for shorter-term investors looking to capitalize on the recent price trend in fundamentally sound stocks. It is one of the many stocks that passed through our shorter-term trading strategy-based screen.

Kimball International (KBAL) came out with quarterly earnings of $0.30 per share, beating the Zacks Consensus Estimate of a loss of $0.02 per share. This compares to earnings of $0.21 per share a year ago.

JASPER, Ind., April 20, 2023 (GLOBE NEWSWIRE) -- Kimball International, Inc. (NASDAQ: KBAL) will announce its third quarter fiscal year 2023 financial results on Thursday, May 4, 2023, after the close of the market. In light of the pending acquisition by HNI Corporation, and as is customary during such transactions, Kimball International, Inc. will not host an earnings conference call for its third quarter 2023 results.

HNI has agreed to acquire Kimball for $485 million, offering a premium of more than 80% to the target's Monday close. The deal would add to HNI's product portfolio and makes sense on paper, but only if the buyer can integrate it successfully.

Kimball International recently posted strong sales and cash flow figures, with strong demand helping the company across the board. Cash flows are rising nicely because of the higher sales and due to growing profit margins.

Kimball International, Inc. (NASDAQ:KBAL ) Q2 2023 Earnings Conference Call February 2, 2023 5:00 PM ET Company Participants Kristine Juster - CEO Timothy Wolfe - EVP & CFO Conference Call Participants Reuben Garner - The Benchmark Company Gregory Burns - Sidoti & Company Rexford Henderson - Water Tower Research Operator Good afternoon, ladies and gentlemen. My name is Sarah, and I will be your conference call facilitator today.

JASPER, Ind., Jan. 13, 2023 (GLOBE NEWSWIRE) -- Kimball International, Inc. (NASDAQ: KBAL) will announce its second quarter fiscal year 2023 financial results on Thursday, February 2, 2023, after the close of the market. The Company will host a conference call on Thursday, February 2, 2023, at 5:00 p.m. ET to review its financial performance.

Kimball International has had a rocky operating history, but the picture for the business is now improving nicely. Though the firm will likely face some issues in the future due to economic issues, its future is looking brighter.