Sidoti Weighs in on Eastman Kodak’s Q1 Earnings (NYSE:KODK)

Eastman Kodak Company (NYSE:KODK) – Investment analysts at Sidoti issued their Q1 2027 EPS estimates for Eastman Kodak in a research note issued on Wednesday, October 21st. Sidoti analyst D. Harriman forecasts that the technology company will earn $0.11 per share for the quarter. The consensus estimate for Eastman Kodak’s current full-year earnings is $0.39 per share. Sidoti also issued estimates for Eastman Kodak’s Q2 2027 earnings at $0.24 EPS, Q3 2027 earnings at $0.21 EPS and Q4 2027 earnings at $0.22 EPS.

Eastman Kodak (NYSE:KODK) last issued its quarterly earnings data on Tuesday, August 4th. The technology company reported $0.13 earnings per share (EPS) for the quarter. Eastman Kodak had a negative return on equity of 14.47% and a negative net margin of 8.28%. The company had revenue of $311.00 million during the quarter.

Several other analysts have also weighed in on the stock. Zacks Research raised shares of Eastman Kodak to a “hold” rating in a report on Thursday, September 17th. Weiss Ratings upgraded Eastman Kodak from a “sell (d)” rating to a “sell (d+)” rating in a research note on Tuesday, August 11th. Finally, Wall Street Zen upgraded shares of Eastman Kodak from a “hold” rating to a “buy” rating in a research report on Saturday, August 8th. One research analyst has rated the stock with a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the company presently has an average rating of “Reduce”.

Eastman Kodak Trading Up 3.7%

Shares of Eastman Kodak stock opened at $9.32 on Thursday. Eastman Kodak has a 12-month low of $5.78 and a 12-month high of $14.87. The company has a 50-day simple moving average of $9.43 and a 200 day simple moving average of $9.85. The company has a current ratio of 2.91, a quick ratio of 1.95 and a debt-to-equity ratio of 0.17.

Institutional Trading of Eastman Kodak

Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. State Street Corp lifted its position in Eastman Kodak by 16.2% during the 2nd quarter. State Street Corp now owns 2,345,933 shares of the technology company’s stock valued at $21,700,000 after purchasing an additional 326,398 shares during the period. Bank of America Corp DE raised its stake in shares of Eastman Kodak by 438.9% during the first quarter. Bank of America Corp DE now owns 331,883 shares of the technology company’s stock worth $3,004,000 after buying an additional 270,297 shares during the last quarter. Bank of New York Mellon Corp acquired a new position in Eastman Kodak in the second quarter valued at approximately $1,941,000. Dimensional Fund Advisors LP lifted its holdings in Eastman Kodak by 5.5% in the first quarter. Dimensional Fund Advisors LP now owns 2,177,801 shares of the technology company’s stock valued at $19,707,000 after buying an additional 113,398 shares during the period. Finally, Weiss Asset Management LP acquired a new position in Eastman Kodak in the first quarter valued at approximately $790,000. 33.65% of the stock is owned by institutional investors.

Eastman Kodak Company Profile

Eastman Kodak Company is a technology and manufacturing company based in Rochester, New York. It provides commercial printing, packaging, publishing and graphic communications solutions, including digital printing equipment, workflow software, consumables and related services. Kodak also develops advanced materials and chemical products used in specialized industrial and commercial applications.

The company serves customers in the commercial print, packaging, publishing, entertainment and manufacturing industries.