NYSE$KODK

Eastman Kodak Company · Q3 2024 earnings

Q3 2024 earnings · · Investor relations

Briefing

Kodak reported a net income of $18 million and revenues of $261 million, reflecting strategic investments and operational adjustments.

Kodak reported third-quarter 2024 financial results, featuring a decrease in revenue to $261 million but a significant increase in net income to $18 million. The company focused on strategic investments in growth areas like Advanced Materials & Chemicals and addressed industry dynamics through tariff initiatives.

  • Consolidated revenues reached $261 million, a 3% decrease compared to Q3 2023.
  • Gross profit totaled $45 million, reflecting a 10% decrease from the previous year.
  • GAAP net income significantly increased to $18 million, an 800% rise from Q3 2023.
  • The company ended the quarter with a cash balance of $214 million.

Headline financials

Total Revenue

$261M

Previous: $269M-3.0%
EPS

$0.15

Previous: $0.34-55.9%
Capital Expenditures

-$39M

Previous: -$15M-160.0%
Free Cash Flow

-$21M

Previous: -$13M-61.5%
Net Income

$18M

Previous: $2M+800.0%
Operating Income

-$8M

Previous: $2M-500.0%
Gross Profit

$45M

Previous: $50M-10.0%
Cash & Equivalents

$214M

Previous: $246M-13.0%
Total Assets

$2.39B

Previous: $2.36B+1.3%
R&D Expense

$8M

Previous: $7M+14.3%
Stock-Based Comp

$1M

No prior period

Revenue & EPS history

Kodak · Revenue · Quarterly

$261M

Q3 2024-3%vs Q3 2023

Revenue by segment

Kodak · $200M total across 2 segments · Q3 2023

  • Print
    $196M
  • Brand
    $4M+33.3%

Forward guidance

Kodak plans to invest in increasing operational efficiency and expanding manufacturing capacity to continue delivering reliable value to its customers.

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 Q3 2024

Historical avgQ3 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

Earnings price reactions
QuarterReport dateReaction (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%
Q2 2013
Q1 2013
Q4 2012
Q3 2012
Q2 2012
Q1 2012
Q1 2009
Q4 2011
Q3 2011
Q2 2011
Q1 2010
Q1 2011
Q4 2008
Q4 2010
Q3 2010
Q3 2009
Q2 2010
Q4 2009
Q2 2009

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