Eastman Kodak Co. (EK) said that it expects 2010 GAAP earnings from continuing operations to be in the range of negative $50 million to positive $50 million. The company expects segment earnings from operations of $350 million to $450 million on total company revenue of between $7.5 billion to $7.7 billion. This equates to GAAP earnings from continuing operations before interest expense, other income or charges, net and income taxes of $275 million to $375 million. The company expects digital revenue growth of 5% to 9%, and overall revenue growth of 0% to 1%.
For 2010, the company expects revenues from its digital portfolio to grow by 5% to 9%, that, when combined with a more moderate decline in the company's traditional business, results in an overall revenue growth of 0% to 1%.
The company's target business model assumes, on average, a compound annual growth rate for digital revenues of 7% to 9% from 2010 through 2012, and a total company compound annual revenue growth rate of approximately 3% during that period.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.