Kratos Defense & Security Q2 EPS $0.09 Beats $0.05 Estimate, Sales $256.90M Beat $235.71M Estimate
Portfolio Pulse from Benzinga Newsdesk
Kratos Defense & Security (NASDAQ:KTOS) reported Q2 earnings of $0.09 per share, beating the analyst consensus estimate of $0.05 by 80%. This is a 28.57% increase from the same period last year. The company also reported quarterly sales of $256.90 million, beating the analyst consensus estimate of $235.71 million by 8.99%. This is a 14.59% increase from the same period last year.
August 04, 2023 | 2:33 pm
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POSITIVE IMPACT
Kratos Defense & Security reported strong Q2 earnings and sales, both beating analyst estimates. This indicates a positive financial performance and could potentially lead to a short-term increase in the stock price.
Kratos Defense & Security reported Q2 earnings and sales that beat analyst estimates. This is a strong indicator of the company's financial performance and could potentially lead to a short-term increase in the stock price. The company's earnings per share increased by 80% and sales increased by 14.59% compared to the same period last year, indicating a positive growth trend.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100