Core Insights - Kyndryl Holdings, Inc. reported strong signings growth and significant margin expansion in the third quarter of fiscal year 2025, driven by Kyndryl Consult, Kyndryl Bridge, and alliances with hyperscalers [2][6] - The company raised its full-year outlook for adjusted earnings and adjusted free cash flow, expecting constant-currency revenue growth in the fourth quarter [2][11] Financial Performance - Kyndryl reported revenues of $3.74 billion for the third quarter, a year-over-year decline of 5% and 3% in constant currency [4][9] - The company achieved pretax income of $258 million and net income of $215 million, compared to a net loss of $12 million in the prior-year period [4][9] - Adjusted pretax income was $160 million, a 154% increase from $63 million in the prior-year period [5][9] - Adjusted EBITDA was $704 million, reflecting a 14% year-over-year increase [5][9] Signings and Growth Initiatives - Total signings for the quarter were $4.1 billion, representing a year-over-year increase of 10% on a reported basis and 12% in constant currency [6][41] - Kyndryl's three-A initiatives contributed to strong signings growth, with Kyndryl Consult revenues growing 26% year-over-year [7][11] - The company initiated a $300 million share repurchase program, indicating confidence in future growth [3][11] Strategic Developments - Kyndryl recognized $300 million in revenue tied to cloud hyperscaler alliances, positioning the company to exceed its hyperscaler revenue target of nearly $1 billion for fiscal year 2025 [10] - The AI-enabled Kyndryl Bridge operating platform has enhanced service delivery and created additional revenue opportunities, generating annualized savings of approximately $725 million [10] Outlook - Kyndryl expects to deliver constant-currency revenue growth of approximately 2% in the fourth quarter of fiscal year 2025 [11] - The company aims to triple adjusted free cash flow and more than double adjusted pretax earnings over the next three years [3]

Core Points - Kyndryl Holdings, Inc. (KD) closed at $38.42, reflecting a +1.29% change from the previous session, outperforming the S&P 500's daily gain of 0.92% [1] - Over the past month, KD shares have increased by 9.85%, surpassing the Business Services sector's gain of 2.44% and the S&P 500's gain of 0.81% [1] Earnings Performance - Kyndryl is set to release earnings on February 3, 2025, with an anticipated EPS of $0.41, representing a 920% increase year-over-year [2] - Revenue is forecasted at $3.82 billion, indicating a 2.87% decline compared to the same quarter last year [2] Annual Estimates - For the annual period, the Zacks Consensus Estimates predict earnings of $1.14 per share and revenue of $15.26 billion, reflecting shifts of +1136.36% and -4.93% respectively from the previous year [3] - Recent changes to analyst estimates may indicate shifting near-term business trends, with positive revisions seen as a favorable sign for the company's outlook [3] Valuation Metrics - Kyndryl's Forward P/E ratio stands at 33.17, higher than the industry average of 23.5, suggesting the company is trading at a premium [6] - The PEG ratio is currently at 6.63, compared to the Technology Services industry's average PEG ratio of 1.53 [7] Industry Ranking - The Technology Services industry, part of the Business Services sector, holds a Zacks Industry Rank of 87, placing it in the top 35% of over 250 industries [8] - Research indicates that the top 50% rated industries outperform the bottom half by a factor of 2 to 1 [8]

Core Viewpoint - Kyndryl Holdings, Inc. will announce its financial results for the third quarter of its 2025 fiscal year on February 3, 2025, followed by an earnings call on February 4, 2025 [1]. Group 1 - The earnings results will cover the quarter ended December 31, 2024 [1]. - The earnings call will be hosted by Chairman and CEO Martin Schroeter and CFO David Wyshner at 8:30 a.m. ET [1]. - A live webcast of the earnings call will be available on Kyndryl's investor relations website [2]. Group 2 - Kyndryl is recognized as the world's largest IT infrastructure services provider, operating in over 60 countries [3]. - The company serves thousands of enterprise customers and focuses on designing, building, managing, and modernizing critical information systems [3].

The latest trading session saw Kyndryl Holdings, Inc. (KD) ending at $34.41, denoting a -0.29% adjustment from its last day's close. The stock's performance was behind the S&P 500's daily gain of 0.73%. At the same time, the Dow added 0.16%, and the tech-heavy Nasdaq gained 0.98%.The company's stock has climbed by 4.42% in the past month, exceeding the Business Services sector's gain of 0.33% and the S&P 500's gain of 0.34%.Analysts and investors alike will be keeping a close eye on the performance of Kyndr ...

Kyndryl Holdings, Inc. (KD) closed the latest trading day at $35.39, indicating a -0.78% change from the previous session's end. The stock trailed the S&P 500, which registered a daily loss of 0.39%. Meanwhile, the Dow lost 0.61%, and the Nasdaq, a tech-heavy index, lost 0.32%.The company's stock has climbed by 27.12% in the past month, exceeding the Business Services sector's gain of 3% and the S&P 500's gain of 3.6%.The upcoming earnings release of Kyndryl Holdings, Inc. will be of great interest to inves ...

Kyndryl deepens its thought leadership at the intersection of business and technology by offering perspectives from eminent voices to guide organizations competing in an age of transformationNEW YORK, Dec. 17, 2024 /PRNewswire/ -- Kyndryl (NYSE: KD), the world's largest IT infrastructure services provider, today launched The Kyndryl Institute as a convener of original ideas and insights that introduce fresh perspectives on innovation at the intersection of technology and business.In today's fast-paced digit ...

The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price. Do they really matter, though?Before we discuss the reliability of brokerage recommendations and how to use them to your advantage, let's see what these Wall Street heavyweights think about Kyndryl Holdings, Inc. (KD) .Kyndryl Holdings, Inc. currently has ...

Company Has Earned Top Honors in 60 Global Employer Awards NEW YORK, Dec. 11, 2024 /PRNewswire/ -- Kyndryl (NYSE: KD), the world's largest IT infrastructure services provider, is proud to be Certified™ by Great Place To Work® in Czechia, France, Hungary, India, Japan, Poland, the United Kingdom, and the United States. The prestigious award is based entirely on what current employees say about their experience working at Kyndryl. Great Place To Work® is the global authority on workplace culture, employee exp ...

Expansion of partnership solutions aimed at enterprise IT data center growth and modernization to support strategic digital transformation initiativesNEW YORK and ESPOO, Finland, Dec. 4, 2024 /PRNewswire/ -- Kyndryl (NYSE: KD), the world's largest IT infrastructure services provider, and Nokia today announced an expansion of their partnership portfolio to offer advanced data center networking solutions and services to global enterprises.By combining Kyndryl's enterprise knowledge and experience in designing ...

Kyndryl Holdings, Inc. (NYSE: KD ) is a multinational IT services and infrastructure solutions provider that spun off from IBM in late 2021. The company helps clients across a wide array of industries to modernize their IT systems andI specialize in analyzing individual stocks. With a strong educational background in both finance and economics, I’ve developed a deep fascination with the stock market and the potential it offers to investors at all levels. I keep a close watch on market trends, particularly i ...