email reddit Kyndryl Holdings, Inc. (KD) closed at $12.06 in the latest trading session, marking a -1.15% move from the prior day. Meanwhile, the Dow lost 0.36%, and the Nasdaq, a tech-heavy index, added 0.45%.
Prior to today's trading, shares of the company had lost 4.31% lagged the Business Services sector's loss of 4.06% and the S&P 500's gain of 1.27%.
The upcoming earnings release of Kyndryl Holdings, Inc. will be of great interest to investors. The company is expected to report EPS of $0.37, down 2.63% from the prior-year quarter. In the meantime, our current consensus estimate forecasts the revenue to be $3.6 billion, indicating a 3.15% decline compared to the corresponding quarter of the prior year.
For the full year, the Zacks Consensus Estimates are projecting earnings of $1.85 per share and revenue of $14.76 billion, which would represent changes of +26.71% and -2.23%, respectively, from the prior year.
Investors might also notice recent changes to analyst estimates for Kyndryl Holdings, Inc. These revisions typically reflect the latest short-term business trends, which can change frequently. Therefore, positive revisions in estimates convey analysts' confidence in the b...