Kratos Defense Q3 Earnings Top Estimates, Revenues Rise Y/Y
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Kratos Defense's Q3 2024 earnings exceeded expectations, but revenues of $275.9 million slightly missed the Zacks Consensus Estimate by 0.9%. However, revenues increased by 0.5% compared to the previous year.
November 11, 2024 | 8:00 pm
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NEUTRAL IMPACT
Kratos Defense's Q3 earnings surpassed expectations, but revenues slightly missed estimates, showing a 0.5% year-over-year increase.
While Kratos Defense's earnings exceeded expectations, the slight miss in revenue estimates could neutralize the positive impact. The year-over-year revenue growth of 0.5% indicates stability, but the market may react neutrally due to the mixed results.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100