🔴 Eastman Kodak is trading 7% down today after Q3 revenue missed analyst estimates

Eastman Kodak is trading at $8.29, down 7.04% after Q3 revenue came in below analyst estimates.

• November 3 results showed Q3 revenue of $276 million, below the $294.3 million analyst estimate, despite an EPS beat.
• Print revenue fell 7% to $165 million, while Advanced Materials & Chemicals revenue rose 21% to $99 million.
• The broader market is sharply higher, so it does not explain the decline.