Amdocs Ltd expected to post earnings of $1.42 a share - Earnings Preview

Amdocs

04/11/2023 02:51

* Amdocs Ltd  DOX.OQ   DOX.O  is expected to show a rise in
quarterly revenue when it reports  results 
    * The Saint Louis Michigan-based  company is expected to
report  a
6.4% increase in revenue to $1.241 billion from $1.17 billion a
year ago, according to the mean estimate from 4 analysts, based
on LSEG data. The company's guidance on August 2 2023, for the
period ended September 30, was for revenue between $1.22 billion
and $1.26 billion.
    * ​Refinitiv's mean analyst estimate for Amdocs Ltd is for
earnings of $1.42 per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 6 "strong buy" or "buy," 2
"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 Amdocs Ltd
is
$109​, above​ its last closing price of $82.53. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Jun. 30 2023  1.48        1.48       1.57      Beat    6.1
 Mar. 31 2023  1.47        1.47       1.47      Met     0.1
 Dec. 31 2022  1.32        1.32       1.45      Beat    9.8​
 Sep. 30 2022  1.29        1.29       1.29      Met     0
 ​​Jun.        1.27        1.27       1.27      Met     0.3
 30 2022                                                
 Mar. 31 2022  1.25        1.25       1.54      Beat    23.3​
 Dec. 31 2021  1.18        1.18       1.20      Beat    1.4
 Sep. 30 2021  1.18        1.18       1.16      Missed  -1.4
 This summary was machine generated November 4 at 02:51 GMT.  All
figures in US dollars  unless otherwise stated