Qnity Electronics (NYSE:Q) Releases Earnings Results, Beats Estimates By $0.32 EPS

Qnity Electronics (NYSE:Q) posted its earnings results on Tuesday. The premier technology solutions leader reported $1.01 EPS for the quarter, topping the consensus estimate of $0.69 by $0.32, Zacks reports.

Qnity Electronics Trading Down 2.7%

Qnity Electronics stock opened at $79.23 on Wednesday. Qnity Electronics has a 1 year low of $70.50 and a 1 year high of $105.40.

Analyst Ratings Changes

A number of equities research analysts recently commented on Q shares. Wolfe Research assumed coverage on Qnity Electronics in a research report on Monday, November 3rd. They set an “outperform” rating and a $110.00 price target on the stock. Mizuho started coverage on Qnity Electronics in a research note on Tuesday, November 4th. They issued an “outperform” rating and a $110.00 target price for the company. New Street Research set a $110.00 price target on Qnity Electronics in a report on Monday, November 3rd. Finally, Zacks Research raised shares of Qnity Electronics to a “hold” rating in a report on Thursday, November 6th. One investment analyst has rated the stock with a Strong Buy rating, one has given a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Buy” and a consensus target price of $110.00.

About Qnity Electronics

Qnity Electronics Inc is a premier technology solution provider across the semiconductor value chain. Qnity Electronics Inc is based in WILMINGTON, Del.