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Why Kratos Defense Stock Just Dropped

TheMotleyFool

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Why Kratos Defense Stock Just DroppedPhoto, wide shot, wide-angle lens, Aerospace components, Midday, harsh overhead sunlight, directional sunlightt, photo by Thomas Heaton: https://img.midjourneyapi.xyz/temp/3938f51e-9b01-45a9-aed1-ff9d047063fc.png

Kratos Defense Security (NASDAQ: KTOS) stock tumbled 7.5% through 10:05 a.m. ET Tuesday after despite beating on both sales and earnings last night.

Heading into Kratos's Q4 report, analysts forecast Kratos would earn $0.017 per share on sales of $327.6 million. In fact, Kratos earned $0.18 per share and reported quarterly sales of $345.1 million.

Image source: Getty Images.

Source Fool.com

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