Kyndryl Hldgs Q1 EPS $(0.62) Misses $(0.55) Estimate, Sales $4.19B Miss $4.24B Estimate
Portfolio Pulse from Benzinga Newsdesk
Kyndryl Hldgs (NYSE:KD) reported Q1 losses of $(0.62) per share, missing the analyst consensus estimate of $(0.55) by 12.73%. The company also reported quarterly sales of $4.19 billion, missing the analyst consensus estimate of $4.24 billion by 1.06%. This is compared to losses of $(1.11) per share and sales of $4.288 billion in the same period last year.
August 07, 2023 | 8:23 pm
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Kyndryl Hldgs reported Q1 losses and sales that missed analyst estimates. This could negatively impact the company's stock in the short term.
Kyndryl Hldgs reported Q1 earnings and sales that missed analyst estimates. This underperformance could lead to a decrease in investor confidence and a potential drop in the company's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100