KONE Missed Consensus Estimates

KONE (KNYJY) reported earnings of $0.27 per share on revenue of $3.42 billion for the second quarter ended June 2026. The consensus earnings estimate was $0.32 per share. The company missed consensus estimates by 15.63% while revenue grew 5.61% on a year-over-year basis.

KONE Oyj engages in the elevator and escalator business, through its subsidiaries. It offers elevators, escalators, auto walks and automatic building doors. The company also provides maintenance services under the KONE Care and KONE 24/7 Connected name as well as modernization solutions. KONE Oyj is based in Espoo, Finland.