Eastman Kodak (NYSE:KODK) Releases Earnings Results

Eastman Kodak (NYSE:KODK) announced its quarterly earnings data on Tuesday. The technology company reported $0.13 earnings per share for the quarter, Zacks reports. Eastman Kodak had a negative return on equity of 21.13% and a negative net margin of 12.60%.

Here are the key takeaways from Eastman Kodak’s conference call:

• Strong second-quarter improvement: Revenue rose 18% year over year to $311 million, gross profit increased 61% to $82 million, and Operational EBITDA reached $36 million versus $9 million a year earlier. GAAP net income improved to $17 million from a $26 million loss.
• Both major operating segments grew: Advanced Materials & Chemicals revenue increased 40% to $105 million, while Commercial Print revenue rose 10% to $195 million, supported by higher volumes and favorable pricing.
• Balance-sheet leverage continued to improve: Kodak made $100 million in term-loan repayments during the first half, reduced interest expense, and increased net cash to $180 million from $128 million at year-end 2025.
• Management is shifting from stabilization toward growth, investing in pharmaceutical products, battery-coating capabilities, motion-picture film, and R&D. However, higher aluminum and silver costs, increased SG&A, a $37 million inventory increase, and lower pension income remain financial headwinds.

Eastman Kodak Price Performance

Shares of KODK traded up $0.47 during trading hours on Tuesday, hitting $8.93. 1,576,874 shares of the company were exchanged, compared to its average volume of 1,057,870. The company has a debt-to-equity ratio of 0.18, a current ratio of 2.53 and a quick ratio of 1.71. The company has a market capitalization of $874.04 million, a PE ratio of -4.75 and a beta of 1.56. The firm has a fifty day simple moving average of $8.91 and a 200-day simple moving average of $9.13. Eastman Kodak has a one year low of $4.94 and a one year high of $14.87.

Analysts Set New Price Targets

A number of research analysts recently issued reports on the company. Weiss Ratings lowered Eastman Kodak from a “sell (d+)” rating to a “sell (d)” rating in a report on Tuesday, July 28th. Wall Street Zen lowered shares of Eastman Kodak from a “buy” rating to a “hold” rating in a research report on Saturday, May 16th. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat, Eastman Kodak currently has an average rating of “Sell”.

Hedge Funds Weigh In On Eastman Kodak

A number of hedge funds and other institutional investors have recently modified their holdings of KODK. Virtu Financial LLC purchased a new position in Eastman Kodak in the 4th quarter worth about $134,000. Empowered Funds LLC lifted its stake in Eastman Kodak by 10.9% during the fourth quarter. Empowered Funds LLC now owns 353,909 shares of the technology company’s stock valued at $2,994,000 after buying an additional 34,646 shares in the last quarter. XTX Topco Ltd lifted its stake in Eastman Kodak by 17.3% during the fourth quarter. XTX Topco Ltd now owns 65,967 shares of the technology company’s stock valued at $558,000 after buying an additional 9,744 shares in the last quarter. Voloridge Investment Management LLC acquired a new position in shares of Eastman Kodak in the fourth quarter worth about $475,000. Finally, Tudor Investment Corp ET AL purchased a new position in shares of Eastman Kodak in the fourth quarter worth approximately $116,000. Institutional investors and hedge funds own 33.65% of the company’s stock.

About Eastman Kodak

Eastman Kodak Company (NYSE: KODK) is a global technology firm specializing in imaging, printing and advanced materials. The company offers a wide array of products and services that enable customers to create, manage and share visual content across traditional and digital platforms. Its core offerings include graphic communications solutions, enterprise inkjet systems, packaging technologies, functional printing and micro 3D printing systems.

Kodak’s graphic communications segment serves commercial printers, packaging converters and publishing houses with offset plates, digital presses, workflow software and services designed to streamline production.