Kratos Defense & Security Solutions, Inc. (NASDAQ:KTOS) is reporting third quarter earnings results on Thursday 29th October 2020, after market close.
The consensus estimates from Thomson Reuters are income of $ 0.09 per share from $ 199.05 million in revenue.
For the full year, analysts predict revenues of $ 760.30 million, while looking forward to income of $ 0.39 per share.
The Company Outlook
Revenue for 3Q20 are expected in a range of $ 195.00 million ~ $ 205.00 million
Full Year 2020 topline are forecasted in a range of$ 740.00 million ~ $ 780.00 million
Click Here For More Historical Outlooks Of Kratos Defense & Security Solutions, Inc.
Previous Quarter Performance
Kratos Defense & Security Solutions, Inc. reported income for the second quarter of $ 0.08 per share, from the revenue of $ 170.40 million. Wall street analysts are predicting, KTOS to report 2Q20 income of $ 0.06 per share from revenue of $ 165.18 million. The bottom line results beat street analysts by $ 0.02 or 33.33 percent, at the same time, top line results outshined analysts by $ 5.22 million or 3.16 percent.
Stock Performance
Shares of Kratos Defense & Security Solutions, Inc. traded low $ -1.43 or -6.92 percent on Wednesday, reaching $ 19.24 with volume of 1.09 million shares. Kratos Defense & Security Solutions, Inc. has traded high as $ 20.54 and has cracked $ 19.19 on the downward trend
According to the previous trading day, closing price of $ 19.24, representing a 313.40 % increase from the 52 week low of $ 5.00 and a 7.14 % decrease over the 52 week high of $ 22.26.
The company has a market capital of $ 2.36 billion and is part of the Industrials sector and Aerospace & Defense industry.
Recent Analyst recommendations
- On 22nd September 2020, downgraded by JPMorgan Chase & Co. to Neutral from Overweight rating.
Conference Call
Kratos Defense & Security Solutions, Inc. will be hosting a conference call at 5:00 PM eastern time on 29th October 2020, to discuss its 3Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.kratosdefense.com
Kratos Defense & Security Solutions, Inc. provides mission critical products, solutions, and services in the United States. The company operates through two segments, Kratos Government Solutions and Unmanned Systems.
