Kyndryl Hldgs KD reported its Q2 earnings results on Tuesday, November 7, 2023 at 04:15 PM.
Here's what investors need to know about the announcement.
Earnings
Kyndryl Hldgs beat estimated earnings by 1.59%, reporting an EPS of $-0.62 versus an estimate of $-0.63.
Revenue was down $106.00 million from the same period last year.
Past Earnings Performance
Last quarter the company missed on EPS by $0.07 which was followed by a 18.55% increase in the share price the next day.
Here's a look at Kyndryl Hldgs's past performance:
| Quarter | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 |
|---|---|---|---|---|
| EPS Estimate | -0.55 | -1.03 | -0.82 | -0.93 |
| EPS Actual | -0.62 | -3.24 | -0.47 | -1.24 |
| Revenue Estimate | 4.24B | 4.16B | 3.92B | 4.11B |
| Revenue Actual | 4.19B | 4.25B | 4.30B | 4.18B |
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.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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