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Seeking Clues to Kyndryl Holdings, Inc. (KD) Q2 Earnings? A Peek Into Wall Street Projections for Key Metrics
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Wall Street analysts expect Kyndryl Holdings, Inc. (KD - Free Report) to post quarterly earnings of $0.37 per share in its upcoming report, which indicates a year-over-year decline of 2.6%. Revenues are expected to be $3.6 billion, down 3.2% from the year-ago quarter.
Over the past 30 days, the consensus EPS estimate for the quarter has remained unchanged. This demonstrates the covering analysts' collective reassessment of their initial projections during this period.
Before a company reveals its earnings, it is vital to take into account any changes in earnings projections. These revisions play a pivotal role in predicting the possible reactions of investors toward the stock. Multiple empirical studies have consistently shown a strong association between trends in earnings estimates and the short-term price movements of a stock.
While investors usually depend on consensus earnings and revenue estimates to assess the business performance for the quarter, delving into analysts' forecasts for certain key metrics often provides a more comprehensive understanding.
Given this perspective, it's time to examine the average forecasts of specific Kyndryl Holdings, Inc. metrics that are routinely monitored and predicted by Wall Street analysts.
According to the collective judgment of analysts, 'Revenue- Strategic Markets' should come in at $866.42 million. The estimate indicates a year-over-year change of -4.4%.
The average prediction of analysts places 'Revenue- Principal Markets' at $1.27 billion. The estimate points to a change of -4.5% from the year-ago quarter.
Analysts' assessment points toward 'Geographic Revenue- Japan' reaching $548.44 million. The estimate suggests a change of -5.6% year over year.
The combined assessment of analysts suggests that 'Geographic Revenue- United States' will likely reach $914.76 million. The estimate indicates a change of +1.8% from the prior-year quarter.
Shares of Kyndryl Holdings, Inc. have experienced a change of +16.9% in the past month compared to the -2.3% move of the Zacks S&P 500 composite. With a Zacks Rank #3 (Hold), KD is expected to mirror the overall market performance in the near future. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> .
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Seeking Clues to Kyndryl Holdings, Inc. (KD) Q2 Earnings? A Peek Into Wall Street Projections for Key Metrics
Wall Street analysts expect Kyndryl Holdings, Inc. (KD - Free Report) to post quarterly earnings of $0.37 per share in its upcoming report, which indicates a year-over-year decline of 2.6%. Revenues are expected to be $3.6 billion, down 3.2% from the year-ago quarter.
Over the past 30 days, the consensus EPS estimate for the quarter has remained unchanged. This demonstrates the covering analysts' collective reassessment of their initial projections during this period.
Before a company reveals its earnings, it is vital to take into account any changes in earnings projections. These revisions play a pivotal role in predicting the possible reactions of investors toward the stock. Multiple empirical studies have consistently shown a strong association between trends in earnings estimates and the short-term price movements of a stock.
While investors usually depend on consensus earnings and revenue estimates to assess the business performance for the quarter, delving into analysts' forecasts for certain key metrics often provides a more comprehensive understanding.
Given this perspective, it's time to examine the average forecasts of specific Kyndryl Holdings, Inc. metrics that are routinely monitored and predicted by Wall Street analysts.
According to the collective judgment of analysts, 'Revenue- Strategic Markets' should come in at $866.42 million. The estimate indicates a year-over-year change of -4.4%.
The average prediction of analysts places 'Revenue- Principal Markets' at $1.27 billion. The estimate points to a change of -4.5% from the year-ago quarter.
Analysts' assessment points toward 'Geographic Revenue- Japan' reaching $548.44 million. The estimate suggests a change of -5.6% year over year.
The combined assessment of analysts suggests that 'Geographic Revenue- United States' will likely reach $914.76 million. The estimate indicates a change of +1.8% from the prior-year quarter.
View all Key Company Metrics for Kyndryl Holdings, Inc. here>>>Shares of Kyndryl Holdings, Inc. have experienced a change of +16.9% in the past month compared to the -2.3% move of the Zacks S&P 500 composite. With a Zacks Rank #3 (Hold), KD is expected to mirror the overall market performance in the near future. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> .