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KinderCare Learning Companies reports $85 million net loss in Q3 and lowers guidance

Earnings Whispers · ·by G4L

KLC
KLC KinderCare Learning Companies Inc
$1.37 -35.07%
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  1. 1KinderCare Learning Companies reported an adjusted net loss per share of $0.03, missing consensus estimates ($0.01 loss) by 200.0%.
  2. 2KinderCare Learning Companies recorded a net loss of $85 million in the third quarter.
  3. 3Management lowered annual guidance for the third time in its reports.

So what's the key point?

KinderCare Learning Companies saw a loss of $85 million in the third quarter. The loss was larger than what experts expected, and the company also lowered its profit outlook for the year.

Source Earnings Whispers · View original ↗

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