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Why Kratos Stock Just Dropped

TheMotleyFool

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Why Kratos Stock Just Dropped: https://g.foolcdn.com/editorial/images/869091/predator-drone-flying-at-dawn.jpg

Kratos Defense Security (NASDAQ: KTOS) stock fell 5.3% through 10:20 a.m. Thursday despite beating on Q1 earnings report last night.

Analysts expected the drones manufacturer to earn $0.13 per share, pro forma, on $344.6 million in sales. In fact, Kratos earned $0.16 per share and reported sales of $371 million.

Image source: Getty Images.

Source Fool.com

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