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

ACI Worldwide

04/05/2023 14:33

* ACI Worldwide Inc  ACIW.OQ  reported a quarterly adjusted
loss
of 30 cents​​ per share for the quarter ended in March. The mean
expectation of five analysts for the quarter was for a loss
of 20 cents per share.
    * Revenue fell 10.3% to $289.68 million from a year ago;
analysts
expected $286.45 million. 
    * ACI Worldwide Inc's reported EPS for the quarter was a
loss
of 30 cents​.
    * The mean earnings estimate of analysts had fallen by
about 645.4% in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company. 
    * ACI Worldwide Inc shares had fallen by 8.7% this
quarter and
gained 7.0% so far this year.
    * The company reported a quarterly loss of $32.31 million.
    * Wall Street's median 12-month price target for ACI
Worldwide Inc
is $33.50 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 4 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data May
4 at 01:33 p.m. UTC. ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Mar. 31 2023      -0.20          -0.30          Missed
 Dec. 31 2022      0.91           0.81           Missed
 Sep. 30 2022      0.19           0.11           Missed
 Jun. 30 2022      0.12           0.12           Met