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Stock impact report

Why Kyndryl Holdings, Inc. (KD) Dipped More Than Broader Market Today [Yahoo! Finance]

Kyndryl Holdings, Inc. (KD) 
Company Research Source: Yahoo! Finance
The stock trailed the S&P 500, which registered a daily loss of 0.39%. Meanwhile, the Dow lost 0.61%, and the Nasdaq, a tech-heavy index, lost 0.32%. The company's stock has climbed by 27.12% in the past month, exceeding the Business Services sector's gain of 3% and the S&P 500's gain of 3.6%. The upcoming earnings release of Kyndryl Holdings, Inc. will be of great interest to investors. The company is forecasted to report an EPS of $0.41, showcasing a 920% upward movement from the corresponding quarter of the prior year. Meanwhile, the latest consensus estimate predicts the revenue to be $3.82 billion, indicating a 2.87% decrease compared to the same quarter of the previous year. For the entire fiscal year, the Zacks Consensus Estimates are projecting earnings of $1.22 per share and a revenue of $15.26 billion, representing changes of +1209.09% and -4.93%, respectively, from the prior year. Furthermore, it would be beneficial for investors to monitor any recent shifts in anal Show less Read more
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