ACI Worldwide Inc expected to post earnings of 42 cents a share - Earnings Preview

ACI Worldwide

06/11/2024 14:14

* ACI Worldwide Inc  ACIW.OQ   ACIW.O  is expected to show a
rise
in quarterly revenue when it reports  results on November 7 for
the period ending September 30 2024
    * The Elkhorn Nebraska-based  company is expected to report
a
11.1% increase in revenue to $403.256 million from $363.02
million a year ago, according to the mean estimate from 6
analysts, based on LSEG data.The company's guidance on August 1
2024, for the period ended September 30, was for revenue between
$400.00 million and $410.00 million.
    * ​LSEG's mean analyst estimate for ACI Worldwide Inc is for
earnings of 42 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 5 "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 56.00​, above​ its last closing price of $51.17. ​​​

The company's guidance on August 1 2024 for the period ended
September 30 was for Earnings before Interest, Taxes,
Depreciation and Amortization of between USD400 million and
USD120 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  
 Jun. 30 2024  0.07        0.07       0.29      Beat    331.9
 Mar. 31 2024  -0.19       -0.18      -0.07     Beat    62
 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.        -0.14       -0.14      -0.06     Beat    57.1
 30 2023                                                
 Mar. 31 2023  -0.20       -0.20      -0.30     Missed  -50​
 Dec. 31 2022  0.91        0.91       0.81      Missed  -10.6
 Sep. 30 2022  0.17        0.19       0.11      Missed  -43.3
 This summary was machine generated November 6 at 14:14 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)