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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
This change lagged the S&P 500's 0.23% loss on the day. At the same time, the Dow lost 0.91%, and the tech-heavy Nasdaq gained 0.1%. Coming into today, shares of the company had lost 19.03% in the past month. In that same time, the Business Services sector lost 10.29%, while the S&P 500 lost 12.13%. Investors will be eagerly watching for the performance of Kyndryl Holdings, Inc. in its upcoming earnings disclosure. The company's earnings per share (EPS) are projected to be $0.52, reflecting a 5300% increase from the same quarter last year. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $3.78 billion, down 1.9% from the year-ago period. Investors might also notice recent changes to analyst estimates for Kyndryl Holdings, Inc. These revisions help to show the ever-changing nature of near-term business trends. As a result, upbeat changes in estimates indicate analysts' favorable outlook on the company's business health and profitability. Our resear Show less Read more
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