Eastman Kodak (KODK) Posts Earnings Results

Eastman Kodak (NYSE:KODK) issued its quarterly earnings results on Friday. The technology company reported $0.33 EPS for the quarter, Morningstar.com reports. The firm had revenue of $366.00 million for the quarter. Eastman Kodak updated its FY 2018 guidance to EPS.

KODK traded down $0.10 during trading on Friday, reaching $3.09. 449,806 shares of the company were exchanged, compared to its average volume of 247,020. The company has a debt-to-equity ratio of 33.17, a current ratio of 2.23 and a quick ratio of 1.46. Eastman Kodak has a 12-month low of $2.20 and a 12-month high of $13.27.

A number of institutional investors and hedge funds have recently modified their holdings of KODK. Paradice Investment Management LLC lifted its holdings in Eastman Kodak by 48.1% during the 2nd quarter. Paradice Investment Management LLC now owns 2,266,906 shares of the technology company’s stock worth $8,614,000 after purchasing an additional 736,691 shares in the last quarter. CSat Investment Advisory L.P. purchased a new stake in shares of Eastman Kodak in the 2nd quarter valued at about $414,000. BlackRock Inc. raised its holdings in shares of Eastman Kodak by 7.0% in the 1st quarter. BlackRock Inc. now owns 1,169,804 shares of the technology company’s stock valued at $6,259,000 after acquiring an additional 76,511 shares in the last quarter. GSA Capital Partners LLP purchased a new stake in shares of Eastman Kodak in the 2nd quarter valued at about $265,000. Finally, Eidelman Virant Capital purchased a new stake in shares of Eastman Kodak in the 2nd quarter valued at about $190,000. 55.15% of the stock is currently owned by institutional investors and hedge funds.

COPYRIGHT VIOLATION WARNING: “Eastman Kodak (KODK) Posts Earnings Results” was reported by WKRB News and is the property of of WKRB News. If you are viewing this report on another site, it was illegally stolen and republished in violation of US and international copyright & trademark laws. The legal version of this report can be viewed at https://www.wkrb13.com/2018/11/10/eastman-kodak-kodk-posts-earnings-results.html.

Eastman Kodak Company Profile

Eastman Kodak Company provides hardware, software, consumables, and services to customers in various markets worldwide. The company operates through seven segments: Print Systems; Enterprise Inkjet Systems; Flexographic Packaging; Software and Solutions; Consumer and Film; Advanced Materials and 3D Printing Technology; and Eastman Business Park.

Featured Story: How Important is Technical Analysis of Stocks

Earnings History for Eastman Kodak (NYSE:KODK)

Receive News & Ratings for Eastman Kodak Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Eastman Kodak and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply