Kyndryl (US:KD) ZACKSยท2024-07-22 23:21Company Performance - Kyndryl Holdings, Inc. closed at $27.63, with a gain of +1.28%, outperforming the S&P 500's gain of 1.08% on the same day [1] - Over the past month, shares of Kyndryl have increased by 6.9%, while the Business Services sector experienced a loss of 3.28% and the S&P 500 gained 0.43% [7] Earnings Estimates - The upcoming earnings report is scheduled for July 31, 2024, with a Zacks Consensus Estimate projecting revenue of $3.78 billion, reflecting a decrease of 9.86% from the previous year [2] - For the annual period, the Zacks Consensus Estimates anticipate earnings of $1.38 per share and revenue of $15.38 billion, indicating changes of +1354.55% and -4.21% respectively from last year [8] Analyst Estimates and Valuation - Recent revisions to analyst estimates indicate a positive outlook, with an 11.24% rise in the Zacks Consensus EPS estimate over the past month [4] - Kyndryl currently has a PEG ratio of 3.96, compared to the Technology Services industry's average PEG ratio of 1.41 [5] - The company has a Forward P/E ratio of 19.8, which is lower than the industry average Forward P/E of 23.07 [10] Industry Context - The Technology Services industry, part of the Business Services sector, has a Zacks Industry Rank of 144, placing it in the bottom 43% of all industries [11]