ACI Worldwide Inc expected to post a loss of 18 cents a share - Earnings Preview

ACI Worldwide

26/04/2024 15:00

* ACI Worldwide Inc  ACIW.OQ   ACIW.O  is expected to show a
rise
in quarterly revenue when it reports  results on April 30 for
the period ending March 31 2024
    * The Elkhorn Nebraska-based  company is expected to report
a
5.7% increase in revenue to $306.263 million from $289.68
million a year ago, according to the mean estimate from 7
analysts, based on LSEG data.The company's guidance on February
29 2024, for the period ended March 31, was for revenue between
$300.00 million and $310.00 million.
    * ​LSEG's mean analyst estimate for ACI Worldwide Inc is for
a
loss of 18 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 6 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for ACI
Worldwide Inc
is $38.00​, above​ its last closing price of $32.77. ​​​

The company's guidance on February 29 2024 for the period ended
March 31 was for Earnings before Interest, Taxes, Depreciation
and Amortization of between USD300 million and USD30 million.
Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Dec. 31 2023  0.98        0.97       1.12      Beat    15.1
 Sep. 30 2023  0.12        0.12       0.35      Beat    186.9
 Jun. 30 2023  -0.14       -0.14      -0.06     Beat    57.1​
 Mar. 31 2023  -0.20       -0.20      -0.30     Missed  -50
 ​​Dec.        0.91        0.91       0.81      Missed  -10.6
 31 2022                                                
 Sep. 30 2022  0.17        0.19       0.11      Missed  -43.3​
 Jun. 30 2022  0.12        0.12       0.12      Met     0
 Mar. 31 2022  0.12        0.14       0.13      Missed  -7.1
 This summary was machine generated April 26 at 14:00 GMT.  All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)