Company Performance - Kyndryl Holdings, Inc. closed at $39.25, reflecting a -2.29% change from the previous day, underperforming the S&P 500's daily loss of 1.13% [1] - Over the past month, the company's shares decreased by 1.37%, lagging behind the Business Services sector's gain of 0.81% and the S&P 500's gain of 3.55% [1] Upcoming Financial Results - The company is expected to report an EPS of $0.48, representing a significant increase of 269.23% compared to the same quarter last year [2] - Revenue is anticipated to be $3.85 billion, which is a 3.09% increase from the prior-year quarter [2] Full Year Projections - For the full year, earnings are projected at $2.17 per share and revenue at $15.64 billion, indicating increases of +82.35% and +3.86% respectively from the previous year [3] Analyst Estimates and Stock Performance - Recent changes to analyst estimates for Kyndryl Holdings reflect short-term business trends, with positive revisions indicating a favorable outlook on business health and profitability [4] - The Zacks Rank system, which assesses estimate changes, currently ranks Kyndryl Holdings at 3 (Hold), with a consensus EPS projection that has increased by 3.2% in the past 30 days [6] Valuation Metrics - Kyndryl Holdings is trading at a Forward P/E ratio of 18.49, which is below the industry average of 20.43, suggesting a discount relative to its peers [7] - The company has a PEG ratio of 0.74, compared to the Technology Services industry's average PEG ratio of 1.44, indicating a favorable valuation based on expected earnings growth [8] Industry Context - The Technology Services industry, part of the Business Services sector, holds a Zacks Industry Rank of 44, placing it in the top 18% of over 250 industries [9]
Here's Why Kyndryl Holdings, Inc. (KD) Fell More Than Broader Market