NYSE$KODK

Eastman Kodak Company · Q4 2020 earnings

Q4 2020 earnings · · Investor relations

Briefing

Kodak managed through pandemic challenges, generated cash in Q3 and Q4, and strengthened its balance sheet.

Kodak reported full-year 2020 consolidated revenues of $1.018 billion and increased its cash balance in the second half of the year. The company mitigated the impact of COVID-19 with cost-saving initiatives and launched innovative print-business products.

  • Consolidated revenues were $1.018 billion for the full year.
  • The company ended the year with a cash balance of $196 million.
  • Kodak increased its cash balance in the third and fourth quarters by $16 million.
  • A series of financial transactions strengthened the company's balance sheet and addressed maturing obligations.

Headline financials

Total Revenue

$297M

Previous: $329M-9.7%
EPS (adj)

$1.51

Previous: -$1.58+195.6%
Capital Expenditures

$4M

Previous: $4M+0.0%
Free Cash Flow

$9M

Previous: $12M-25.0%
Net Income

-$541M

Previous: $116M-566.4%
Operating Income

-$74M

Previous: -$91M+18.7%
Gross Profit

$47M

Previous: $36M+30.6%
Cash & Equivalents

$196M

Previous: $233M-15.9%
Total Assets

$1.25B

Previous: $1.42B-11.8%
Stock-Based Comp

-$3M

Previous: $1M-400.0%

Revenue & EPS history

Kodak · Revenue · Quarterly

$297M

Q4 2020-9.7%vs Q4 2019

Revenue by segment

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

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

Forward guidance

This press release includes forward-looking statements concerning Kodak’s plans, objectives, goals, strategies, future events, future revenue or performance, capital expenditures, liquidity, investments, financing needs and business trends and other information that is not historical information.

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 Q4 2020

Historical avgQ4 2020

-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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