Eastman Kodak Company (NYSE:KODK – Free Report) – Investment analysts at Sidoti dropped their Q4 2026 earnings estimates for shares of Eastman Kodak in a report released on Thursday, November 5th. Sidoti analyst D. Harriman now expects that the technology company will post earnings of $0.15 per share for the quarter, down from their previous forecast of $0.16. The consensus estimate for Eastman Kodak’s current full-year earnings is $0.39 per share. Sidoti also issued estimates for Eastman Kodak’s Q1 2027 earnings at $0.13 EPS, Q2 2027 earnings at $0.22 EPS, Q3 2027 earnings at $0.22 EPS, Q4 2027 earnings at $0.23 EPS, FY2027 earnings at $0.80 EPS, Q1 2028 earnings at $0.16 EPS, Q2 2028 earnings at $0.26 EPS, Q3 2028 earnings at $0.25 EPS and FY2028 earnings at $0.93 EPS.
Eastman Kodak (NYSE:KODK – Get Free Report) last posted its quarterly earnings data on Tuesday, November 3rd. The technology company reported $0.18 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.16 by $0.02. Eastman Kodak had a negative net margin of 7.53% and a negative return on equity of 13.81%. The firm had revenue of $276.00 million during the quarter, compared to the consensus estimate of $294.00 million.
KODK has been the subject of several other reports. Zacks Research upgraded Eastman Kodak to a “hold” rating in a research note on Thursday, September 17th. Weiss Ratings upgraded Eastman Kodak from a “sell (d)” rating to a “sell (d+)” rating in a research note on Tuesday, August 11th. Finally, Wall Street Zen raised Eastman Kodak from a “hold” rating to a “buy” rating in a report on Saturday, August 8th. One equities research analyst has rated the stock with a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Reduce”.
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Eastman Kodak Stock Down 1.3%
Shares of KODK opened at $7.41 on Friday. The company has a quick ratio of 1.95, a current ratio of 3.18 and a debt-to-equity ratio of 0.17. Eastman Kodak has a 12 month low of $5.78 and a 12 month high of $14.87. The firm’s 50 day moving average is $9.24 and its 200-day moving average is $9.23.
Institutional Investors Weigh In On Eastman Kodak
A number of large investors have recently bought and sold shares of KODK. State Street Corp grew its stake in Eastman Kodak by 16.2% during the second quarter. State Street Corp now owns 2,345,933 shares of the technology company’s stock worth $21,700,000 after buying an additional 326,398 shares in the last quarter. Dimensional Fund Advisors LP raised its position in shares of Eastman Kodak by 5.5% in the 1st quarter. Dimensional Fund Advisors LP now owns 2,177,801 shares of the technology company’s stock valued at $19,707,000 after buying an additional 113,398 shares in the last quarter. Empowered Funds LLC raised its position in shares of Eastman Kodak by 1.1% in the 2nd quarter. Empowered Funds LLC now owns 393,092 shares of the technology company’s stock valued at $3,636,000 after buying an additional 4,176 shares in the last quarter. Bank of America Corp DE lifted its holdings in shares of Eastman Kodak by 438.9% during the 1st quarter. Bank of America Corp DE now owns 331,883 shares of the technology company’s stock worth $3,004,000 after acquiring an additional 270,297 shares during the period. Finally, First Trust Advisors LP lifted its holdings in shares of Eastman Kodak by 0.6% during the 1st quarter. First Trust Advisors LP now owns 224,077 shares of the technology company’s stock worth $2,028,000 after acquiring an additional 1,294 shares during the period. 33.65% of the stock is currently owned by institutional investors and hedge funds.
Eastman Kodak Company Profile
Eastman Kodak Company is a technology and manufacturing company based in Rochester, New York. It provides commercial printing, packaging, publishing and graphic communications solutions, including digital printing equipment, workflow software, consumables and related services. Kodak also develops advanced materials and chemical products used in specialized industrial and commercial applications.
The company serves customers in the commercial print, packaging, publishing, entertainment and manufacturing industries.
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