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Kodak makes a profit

 
 
Rich
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      11-02-2007
NEW YORK (Thomson Financial) - Eastman Kodak Co. said Thursday it
swung to a third-quarter profit of $34 million, or 12 cents a share
from continuing operations for a loss of $83 million, or a loss of 29
cents in the year ago period.

Analysts polled by Thomson Financial forecast earnings of 27 cents a
share and revenue of $2.49 billion.

The Rochester, N.Y.-based company said sales fell 15 to $2.58 billion.

The company forecast 2007 digital revenue to be at the high end of it
previously issued 3% to 5% range while total revenue is expected to
decline 'at the low end of the range of 4% and 7%.'

 
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