Eastman Kodak (KODK) Announces Quarterly Earnings Results

Eastman Kodak (NYSE:KODK) posted its quarterly earnings data on Friday. The technology company reported $0.33 earnings per share 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.

Eastman Kodak stock traded down $0.10 during trading hours on Friday, hitting $3.09. 449,806 shares of the stock traded hands, compared to its average volume of 247,020. The company has a quick ratio of 1.46, a current ratio of 2.23 and a debt-to-equity ratio of 33.17. Eastman Kodak has a one year low of $2.20 and a one year high of $13.27.

A number of institutional investors have recently bought and sold shares of KODK. Cubist Systematic Strategies LLC bought a new stake in Eastman Kodak during the 1st quarter valued at approximately $136,000. Eidelman Virant Capital bought a new stake in shares of Eastman Kodak in the 2nd quarter worth approximately $190,000. GSA Capital Partners LLP bought a new stake in shares of Eastman Kodak in the 2nd quarter worth approximately $265,000. CSat Investment Advisory L.P. bought a new stake in shares of Eastman Kodak in the 2nd quarter worth approximately $414,000. Finally, Schwab Charles Investment Management Inc. boosted its position in shares of Eastman Kodak by 12.1% in the 2nd quarter. Schwab Charles Investment Management Inc. now owns 149,932 shares of the technology company’s stock worth $570,000 after purchasing an additional 16,152 shares in the last quarter. 55.15% of the stock is currently owned by institutional investors and hedge funds.

WARNING: This piece of content was originally published by Dispatch Tribunal and is the property of of Dispatch Tribunal. If you are reading this piece of content on another publication, it was illegally stolen and republished in violation of US and international copyright law. The correct version of this piece of content can be viewed at https://www.dispatchtribunal.com/2018/11/10/eastman-kodak-kodk-announces-quarterly-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 Article: Technical Analysis of Stocks and What It Means

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