Amdocs Ltd expected to post earnings of $1.57 a share - Earnings Preview
07/05/2024 03:06
* Amdocs Ltd DOX.OQ DOX.O is expected to show a rise in
quarterly revenue when it reports results on May 8 for the
period ending March 31 2024
* The Saint Louis Michigan-based company is expected to
report a
2.0% increase in revenue to $1.248 billion from $1.22 billion a
year ago, according to the mean estimate from 6 analysts, based
on LSEG data.The company's guidance on February 6 2024, for the
period ended March 31, was for revenue between $1.23 billion and
$1.27 billion. (SAL majority is on Total Revenue basis)
* LSEG's mean analyst estimate for Amdocs Ltd is for
earnings of
$1.57 per share.
* The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 7 "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
$105.00, above its last closing price of $84.95.
Previous quarterly performance (using preferred earnings measure
in US dollars).
QUARTER STARMINESM LSEG IBES ACTUAL BEAT, SURPRI
ENDING ARTESTIMAT ESTIMATE MET, SE %
E® MISSED
Dec. 31 2023 1.56 1.56 1.56 Met -0.2
Sep. 30 2023 1.42 1.42 1.42 Met 0.2
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. 1.32 1.32 1.45 Beat 9.8
31 2022
Sep. 30 2022 1.29 1.29 1.29 Met 0
Jan. 1 0001 1.27 1.27 1.27 Met 0.3
Mar. 31 2022 1.25 1.25 1.54 Beat 23.3
This summary was machine generated May 7 at 02:06 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)