Kyndryl Hldgs: Q2 Earnings Insights

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.

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