Kratos Defense and Security Solutions Inc expected to post earnings of 8 cents a share - Earnings Preview

Reuters11-06 12:40

* Kratos Defense and Security Solutions Inc

is expected to show a rise in quarterly revenue when it reports results on November 7 for the period ending September 30 2024

* The San Diego California-based company is expected to report a 0.9% increase in revenue to $277.2 million from $274.6 million a year ago, according to the mean estimate from 12 analysts, based on LSEG data.The company's guidance on August 7 2024, for the period ended September 30, was for revenue between $265.00 million and $280.00 million.

* ​LSEG's mean analyst estimate for Kratos Defense and Security Solutions Inc is for earnings of 8 cents per share.

* The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 8 "strong buy" or "buy," 5 "hold" and no "sell" or "strong sell."

* The mean earnings estimate of analysts was unchanged in the last three months. ​

* Wall Street's median 12-month price target for Kratos Defense and Security Solutions Inc is 26.00​, above​ its last closing price of $23.19. ​​​

The company's guidance on August 7 2024 for the period ended September 30 was for Earnings before Interest and Taxes between USD3 million and USD5 million.The company's guidance on August 7 2024 for the period ended September 30 was for Earnings before Interest, Taxes, Depreciation and Amortization of between USD265 million and USD23 million. Previous quarterly performance (using preferred earnings measure in US dollars). ​

QUARTER STARMINESM LSEG IBES ACTUAL BEAT, SURPRI

ENDING ARTESTIMAT ESTIMATE MET, SE %

E® MISSED

Jun. 30 2024 0.09 0.08 0.14 Beat 64.9

Jan. 1 2024 0.06 0.05 0.11 Beat 116.8

Dec. 31 2023 0.10 0.09 0.12 Beat 39.5​

Jan. 1 0001 0.08 0.09 0.12 Beat 39

​​Jun. 0.06 0.06 0.09 Beat 59.7

30 2023

Mar. 31 2023 0.06 0.05 0.06 Beat 14.3​

Dec. 31 2022 0.08 0.08 0.08 Met 4.4

Sep. 30 2022 0.07 0.07 0.08 Beat 17.5

This summary was machine generated November 6 at 04:40 GMT. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)

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