Drone Maker Kratos Crushed Sales Estimates. The Stock Is Down.
1. Kratos reported Q3 earnings of 14 cents per share on $347.6 million sales. 2. 2026 and 2027 sales growth guidance is 15%-20% and 18%-23%, respectively. 3. Acquisition of Orbit Technologies for $356.3 million enhances communication capabilities. 4. Shares dropped 7.3% in after-hours trading, despite strong earnings. 5. High expectations may have contributed to the post-earnings stock decline.