Kyndryl (US:KD) ZACKSยท2024-11-01 23:02Company Performance - Kyndryl Holdings, Inc. (KD) closed at $22.97, reflecting a +0.35% change from the previous session, which is lower than the S&P 500's daily gain of 0.41% [1] - Over the past month, KD shares experienced a loss of 0.91%, underperforming the Business Services sector's gain of 0.16% and outperforming the S&P 500's loss of 0.97% [1] Upcoming Earnings - Kyndryl Holdings is set to release its earnings on November 6, 2024, with an expected EPS of -$0.07, representing a 40% decline from the prior-year quarter [2] - The consensus estimate for revenue is $3.7 billion, indicating a 9.14% decrease compared to the same quarter of the previous year [2] Full-Year Estimates - The Zacks Consensus Estimates for Kyndryl Holdings indicate earnings of $1.21 per share and revenue of $15.28 billion, which would show year-over-year changes of +1200% and -4.84%, respectively [3] - Recent changes to analyst estimates may reflect shifting business trends, with positive revisions indicating analyst optimism about the company's profitability [3] Zacks Rank and Valuation - Kyndryl Holdings currently holds a Zacks Rank of 3 (Hold), with the Zacks Consensus EPS estimate having decreased by 8.45% over the past month [5] - The company is trading at a Forward P/E ratio of 18.88, which is lower than the industry average of 25.37, suggesting it is trading at a discount [6] PEG Ratio and Industry Context - KD has a PEG ratio of 3.78, compared to the Technology Services industry's average PEG ratio of 1.42 [7] - The Technology Services industry, part of the Business Services sector, holds a Zacks Industry Rank of 68, placing it in the top 27% of over 250 industries [7][8]