This defense contractor is reporting in a couple of weeks and has beaten the Zacks Estimate in each of the last 15 quarters.
Kratos (KTOS) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Here is how Kratos (KTOS) and Leidos (LDOS) have performed compared to their sector so far this year.
KTOS makes a strong case for investment in the aerospace-defense equipment industry, given its solid earnings growth prospects, low debt and rising backlog.
KTOS secures a contract to provide engineering, systems and hardware support for hypersonic system program.
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KTOS, with its recent contract win, is set to modify XQ-58A UAS mission systems and subsystems for the Marine Corps.
KTOS makes a strong case for investment in the aerospace-defense equipment industry, given its long-run growth prospects, low debt and rising backlog.
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KTOS' third-quarter 2024 revenues of $275.9 million miss the Zacks Consensus Estimate by 0.9%. The figure, however, rises 0.5% from the year-ago level.
Noble Capital analyst Joe Gomes raised the firm's price target on Kratos Defense to $30 from $26 and keeps an Outperform rating on the shares. Current world events are driving demand for Kratos products as the ongoing generational recapitalization of strategic weapon systems, including strategic satellites, air defense radar, and missile systems, continues to be a catalyst for Kratos, the analyst tells investors in a post-Q3 note.