Kyndryl Hldgs (NYSE:KD) reported its Q3 earnings results on Tuesday, February 6, 2024 at 04:15 PM.
Here’s what investors need to know about the announcement.
Earnings
Kyndryl Hldgs beat estimated earnings by 80.77%, reporting an EPS of $-0.05 versus an estimate of $-0.26.
Revenue was down $367.00 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.01 which was followed by a 13.85% increase in the share price the next day.
Here’s a look at Kyndryl Hldgs’s past performance:
| Quarter | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 |
|---|---|---|---|---|
| EPS Estimate | -0.63 | -0.55 | -1.03 | -0.82 |
| EPS Actual | -0.62 | -0.62 | -3.24 | -0.47 |
| Revenue Estimate | 3.98B | 4.24B | 4.16B | 3.92B |
| Revenue Actual | 4.07B | 4.19B | 4.25B | 4.30B |
To track all earnings releases for Kyndryl Hldgs visit their earnings calendar here.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.
