Wall Street analysts expect Kratos (KTOS) to post quarterly earnings of $0.09 per share in its upcoming report, which indicates a year-over-year decline of 18.2%. Revenues are expected to be $292.16 million, up 5.4% from the year-ago quarter. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days. This reflects how the analysts covering the stock have collectively reevaluated their initial estimates during this timeframe. Before a company announces its earnings, it is essential to take into account any changes made to earnings estimates. This is a valuable factor in predicting the potential reactions of investors toward the stock. Empirical research has consistently shown a strong correlation between trends in earnings estimate revisions and the short-term price performance of a stock. While investors typically use consensus earnings and revenue estimates as a yardstick to evaluate the company's quarterly performance, scrutinizing analysts' projections for some of the company's key metrics can offer a more comprehensive perspective. That said, let's delve into the average estimates of some Kratos metrics that Wall Street analysts commonly model and monitor. The combined assessment of analysts suggests that 'Revenues- Kratos Government Solutions' will likely reach $226.95 million. The estimate suggests a change of +4.2% year over year. Analysts predict that the 'Revenues- Unmanned Systems' will reach $65.55 million. The estimate points to a change of +10.4% from the year-ago quarter. According to the collective judgment of analysts, 'Revenues- Product sales' should come in at $176.11 million. The estimate indicates a year-over-year change of +3.2%. The consensus estimate for 'Revenues- Service revenues' stands at $117.12 million. The estimate indicates a year-over-year change of +10%. The average prediction of analysts places 'Gross Profit- Service revenues' at $28.97 million. The estimate is in contrast to the year-ago figure of $27.30 million. The collective assessment of analysts points to an estimated 'Operating income (loss)- Kratos Government Solutions' of $13.79 million. The estimate compares to the year-ago value of $16.60 million. Analysts' assessment points toward 'Gross Profit- Product sales' reaching $47.03 million. Compared to the present estimate, the company reported $43.70 million in the same quarter last year. View all Key Company Metrics for Kratos here>>> Shares of Kratos have experienced a change of +27.1% in the past month compared to the +11.5% move of the Zacks S&P 500 composite. With a Zacks Rank #3 (Hold), KTOS is expected to mirror the overall market performance in the near future. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> Story Continues Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Kratos Defense & Security Solutions, Inc. (KTOS):Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research View Comments
Countdown to Kratos (KTOS) Q1 Earnings: A Look at Estimates Beyond Revenue and EPS
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