Preview: Kyndryl Hldgs's Earnings
Portfolio Pulse from Benzinga Insights
Kyndryl Hldgs (NYSE:KD) is scheduled to release its quarterly earnings report on February 6, 2024, with an expected EPS of $-0.25. Historical data shows that Kyndryl's stock price reacts significantly to earnings beats and guidance, with the last quarter's beat resulting in a 13.85% share price increase. Over the past year, KD shares have risen by 49.52%, indicating a bullish sentiment among long-term investors.
February 05, 2024 | 4:01 pm
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Kyndryl Hldgs is expected to report an EPS of $-0.25 for the upcoming quarter. Historical performance indicates a potential positive reaction in stock price if earnings beat expectations or positive guidance is provided.
Given Kyndryl's history of stock price increases following earnings beats and the bullish sentiment indicated by a 49.52% rise over the past year, a positive earnings report or guidance could likely lead to a short-term increase in KD's stock price.
CONFIDENCE 80
IMPORTANCE 90
RELEVANCE 100