NYSE$KODK
Eastman Kodak Company · Q2 2024 earnings
Q2 2024 earnings · · Investor relations
Briefing
Kodak reported results in line with their long-term strategic plan, delivering a year-over-year increase in gross profit percentage despite a decline in revenue.
Kodak reported a decrease in revenue and net income for Q2 2024 compared to Q2 2023. However, the gross profit percentage increased. The company is investing in its Advanced Materials & Chemicals group and seeing results in growing revenue in key product areas.
- Consolidated revenues were $267 million, a decrease of 9 percent compared to Q2 2023.
- GAAP net income was $26 million, a decrease of 26 percent compared to Q2 2023.
- Gross profit was $58 million, a decrease of 8 percent compared to Q2 2023.
- The quarter-end cash balance was $251 million, a decrease of $4 million from December 31, 2023.
Headline financials
Revenue & EPS history
Kodak · Revenue · Quarterly
$267M
Revenue by segment
Kodak · $200M total across 2 segments · Q3 2023
- Print$196M—98.0%
- Brand$4M+33.3%2.0%
Forward guidance
Kodak plans to continue to focus on streamlining operations, investing in new products and businesses, and helping customers stay productive and profitable in the second half of the year.
Tailwinds
- Streamlining operations
- Investing in new products
- Investing in new businesses
- Helping customers stay productive
- Helping customers be profitable
Headwinds
- No specific negative guidance was provided in the earnings report.
- No specific negative guidance was provided in the earnings report.
- No specific negative guidance was provided in the earnings report.
- No specific negative guidance was provided in the earnings report.
- No specific negative guidance was provided in the earnings report.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q2 2024
-3.2%
Avg return
Earnings day
-3.2%
Avg return
5 days after
+0.1%
Avg return
30 days after
39%
19 / 49 earnings
Positive
+32.9%
Q3 2025
Best reaction
-28.8%
Q3 2017
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | -2.7% | -29.4% | -37.6% | |
| Q4 2025 | +1.3% | +15.1% | +75.5% | |
| Q3 2025 | +32.9% | +43.4% | +50.3% | |
| Q1 2025 | -19.9% | -3.4% | -13.3% | |
| Q4 2024 | -6.4% | -10.5% | -12.6% | |
| Q3 2024 | -17.9% | -19.5% | +20.2% | |
| Q2 2024 | +1.0% | +2.7% | +1.7% | |
| Q1 2024 | -2.1% | +6.0% | +21.7% | |
| Q4 2023 | -9.2% | -10.4% | -10.9% | |
| Q3 2023 | -0.5% | -7.1% | -2.4% | |
| Q2 2023 | -10.4% | -4.7% | -22.1% | |
| Q1 2023 | +1.8% | +6.2% | +55.0% | |
| Q4 2022 | +9.4% | +12.6% | +7.0% | |
| Q3 2022 | -24.1% | -22.7% | -31.6% | |
| Q2 2022 | +4.6% | +9.3% | -14.7% | |
| Q1 2022 | -20.4% | -11.5% | -0.2% | |
| Q4 2021 | +7.5% | +49.6% | +49.4% | |
| Q3 2021 | -3.4% | +0.1% | -21.5% | |
| Q2 2021 | +1.3% | +0.5% | -2.3% | |
| Q1 2021 | -10.4% | -4.5% | +28.5% | |
| Q4 2020 | -11.0% | -12.7% | -23.8% | |
| Q3 2020 | -0.7% | +0.4% | +49.7% | |
| Q2 2020 | -9.4% | -21.4% | -44.7% | |
| Q1 2020 | -13.9% | -7.9% | -8.2% | |
| Q4 2019 | -15.9% | -15.9% | +12.2% | |
| Q3 2019 | -5.6% | -9.0% | +0.7% | |
| Q2 2019 | -7.8% | -16.0% | +0.0% | |
| Q1 2019 | +3.3% | +0.8% | -7.5% | |
| Q4 2018 | +1.0% | -4.7% | -17.2% | |
| Q3 2018 | +14.7% | +19.4% | -5.6% | |
| Q2 2018 | -3.1% | -9.2% | -10.8% | |
| Q1 2018 | -5.5% | -5.5% | -5.5% | |
| Q4 2017 | +10.9% | +5.9% | +3.0% | |
| Q3 2017 | -28.8% | -30.8% | -36.5% | |
| Q2 2017 | -10.3% | -15.8% | -20.7% | |
| Q1 2017 | -6.6% | -6.6% | -4.3% | |
| Q4 2016 | -10.1% | -18.5% | -18.9% | |
| Q3 2016 | +1.4% | +6.9% | +13.4% | |
| Q2 2016 | -3.6% | -5.5% | -9.5% | |
| Q1 2016 | +4.2% | — | — | |
| Q4 2015 | +5.2% | — | — | |
| Q3 2015 | -8.5% | — | — | |
| Q2 2015 | +9.3% | — | — | |
| Q1 2015 | -7.2% | — | — | |
| Q4 2014 | +6.4% | — | — | |
| Q3 2014 | +8.4% | — | — | |
| Q1 2014 | -5.5% | — | — | |
| Q4 2013 | +1.2% | — | — | |
| Q3 2013 | -2.6% | — | — | |
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