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

ACI Worldwide

02/11/2023 13:31

* ACI Worldwide Inc  ACIW.OQ  reported quarterly adjusted
earnings
of 35 cents​​ per share for the quarter ended in September,
higher than the same quarter last year, when the company
reported EPS of 11 cents.  The mean expectation of five analysts
for the quarter was for earnings of 12 cents per share. Wall
Street expected results to range from 10 cents to 15 cents per
share.
    * Revenue rose 18.4% to $363.02 million from a year ago;
analysts
expected $339.04 million. 
    * ACI Worldwide Inc's reported EPS for the quarter was 35
cents​.
    * The company reported quarterly net income of $37.91
million.
    * ACI Worldwide Inc shares had fallen by 10.3% this
quarter and
lost 12.0% so far this year.

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 4 "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 $33.50 

This summary was machine generated from LSEG data November 2 at
01:31 p.m. UTC. ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2023      0.12           0.35           Beat
 Jun. 30 2023      -0.14          -0.06          Beat
 Mar. 31 2023      -0.20          -0.30          Missed
 Dec. 31 2022      0.91           0.81           Missed