The second quarter financial results of Kyndryl Holdings (NYSE: KD) will be revealed on Wednesday 6th November 2024. This eagerly awaited announcement is slated to occur after market close, enabling investors and market participants to gain valuable insights into the company's financial performance.
The latest projections from financial analysts on Wall Street suggest that the establishment is likely to reveal an estimated $0.22 loss per share for the quarter. Additionally, the company is expected to announce revenueS of $3.72 billion for the period.
When examining the earnings report from the corresponding quarter of the previous year, it is evident that the company showcased per-share loss of $0.62. This numbers can be credited to the company's total revenue, which amounted to an impressive $4.07 billion during the same quarter.
Wall Street analysts have shared their forecasts for the company's annual performance, predicting a total revenue of $15.27 billion. Additionally, they expect the company to post profit of $0.53 per share for the fiscal year.
The organization has scheduled a conference call on 7th November 2024 at 08:30 AM eastern time to discuss the second quarter financial results and other related information.
Kyndryl Holdings (KD) closed Friday's regular trading session at $22.97, marking a 0.35 percent gain, with a volume of 1.34 million shares.