Eastman Kodak (NYSE:KODK) issued its quarterly earnings results on Friday. The technology company reported $0.33 EPS for the quarter, Morningstar.com reports. The firm had revenue of $366.00 million for the quarter. Eastman Kodak updated its FY 2018 guidance to EPS.
KODK traded down $0.10 during trading on Friday, reaching $3.09. 449,806 shares of the company were exchanged, compared to its average volume of 247,020. The company has a debt-to-equity ratio of 33.17, a current ratio of 2.23 and a quick ratio of 1.46. Eastman Kodak has a 12-month low of $2.20 and a 12-month high of $13.27.
A number of institutional investors and hedge funds have recently modified their holdings of KODK. Paradice Investment Management LLC lifted its holdings in Eastman Kodak by 48.1% during the 2nd quarter. Paradice Investment Management LLC now owns 2,266,906 shares of the technology company’s stock worth $8,614,000 after purchasing an additional 736,691 shares in the last quarter. CSat Investment Advisory L.P. purchased a new stake in shares of Eastman Kodak in the 2nd quarter valued at about $414,000. BlackRock Inc. raised its holdings in shares of Eastman Kodak by 7.0% in the 1st quarter. BlackRock Inc. now owns 1,169,804 shares of the technology company’s stock valued at $6,259,000 after acquiring an additional 76,511 shares in the last quarter. GSA Capital Partners LLP purchased a new stake in shares of Eastman Kodak in the 2nd quarter valued at about $265,000. Finally, Eidelman Virant Capital purchased a new stake in shares of Eastman Kodak in the 2nd quarter valued at about $190,000. 55.15% of the stock is currently owned by institutional investors and hedge funds.
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Eastman Kodak Company Profile
Eastman Kodak Company provides hardware, software, consumables, and services to customers in various markets worldwide. The company operates through seven segments: Print Systems; Enterprise Inkjet Systems; Flexographic Packaging; Software and Solutions; Consumer and Film; Advanced Materials and 3D Printing Technology; and Eastman Business Park.
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