Although the revenue and EPS for Kratos (KTOS) give a sense of how its business performed in the quarter ended June 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Kratos Defense & Security Solutions, Inc. (NASDAQ:KTOS ) Q2 2024 Earnings Conference Call August 7, 2024 5:00 PM ET Company Participants Marie Mendoza - Senior Vice President & General Counsel Eric DeMarco - President & Chief Executive Officer Deanna Lund - Executive Vice President & Chief Financial Officer Conference Call Participants Michael Ciarmoli - Truist Securities Peter Arment - Baird Sheila Kahyaoglu - Jefferies Mike Crawford - B. Riley Securities Rocco Barbero - JPMorgan Ken Herbert - RBC Capital Markets Josh Sullivan - The Benchmark Company Joshua Zoepfel - NOBLE Capital Markets Pete Skibitski - Alembic Global Andre Madrid - BTIG Trevor Walsh - Citizens JMP Operator Good day, everyone, and thank you for standing by.
Kratos (KTOS) came out with quarterly earnings of $0.14 per share, beating the Zacks Consensus Estimate of $0.08 per share. This compares to earnings of $0.09 per share a year ago.
Besides Wall Street's top -and-bottom-line estimates for Kratos (KTOS), review projections for some of its key metrics to gain a deeper understanding of how the company might have fared during the quarter ended June 2024.
Here is how Kratos (KTOS) and Rolls-Royce Holdings PLC (RYCEY) have performed compared to their sector so far this year.
It may not be prevalent in our day to day lives right now, but space is definitely the future. The number of rocket launches per year is increasing worldwide.
Here is how Kratos (KTOS) and Rolls-Royce Holdings PLC (RYCEY) have performed compared to their sector so far this year.
Kratos (KTOS) reported earnings 30 days ago. What's next for the stock?
While “economic mayhem” is far from being my base case scenario, I can envision a few events that could indeed play havoc with the U.S. economy. One problem that could trigger economic mayhem is the huge, unsustainable amount of debt that the U.S. government has accumulated.
Kratos was initiated with an outperform at JMP Securities with a price target 20% above the current range. The company's years of research and development could turn into orders in the near future.
Kratos Defense's (KTOS) SATCOM System is used by BlueHalo as part of its milestone demonstration for the USSF's SCAR program.
Kratos Defense & Security Solutions Inc (NASDAQ:KTOS) stock was last seen up 0.5% at $21.76, pacing for a third-straight daily gain after earlier surging to a fresh two-year high of $22.03.