ACI Worldwide Inc reports results for the quarter ended in December - Earnings Summary

ACI Worldwide

29/02/2024 14:32

* ACI Worldwide Inc  ACIW.OQ  reported quarterly adjusted
earnings
of $1.12​​ per share for the quarter ended in December, higher
than the same quarter last year, when the company reported EPS
of 81 cents.  The mean expectation of six analysts for the
quarter was for earnings of 97 cents per share. Wall Street
expected results to range from 92 cents to $1.04 per share.
    * Revenue rose 5.5% to $476.56 million from a year ago;
analysts
expected $477.50 million. 
    * ACI Worldwide Inc's reported EPS for the quarter was
$1.12​.
    * The company reported quarterly net income of $122.62
million.
    * ACI Worldwide Inc shares had risen by 1.2% this quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts was unchanged in
the last
three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

RECOMMENDATIONS
    * 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." 
    * Wall Street's median 12-month price target for ACI
Worldwide Inc
is $35.00 

This summary was machine generated from LSEG data February 29 at
02:31 p.m. UTC. ​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) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2023      0.97           1.12           Beat
 Sep. 30 2023      0.12           0.35           Beat
 Jun. 30 2023      -0.14          -0.06          Beat
 Mar. 31 2023      -0.20          -0.30          Missed