Amdocs Ltd reports results for the quarter ended September 30 - Earnings Summary

Amdocs

12/11/2024 23:28

* Amdocs Ltd  DOX.OQ  reported quarterly adjusted earnings
of
$1.70​​ per share for the quarter ended September 30, higher
than the same quarter last year, when the company reported EPS
of $1.42.  The mean expectation of seven analysts for the
quarter was for earnings of $1.70 per share. Wall Street
expected results to range from $1.69  to $1.70 per share.
    * Revenue rose 1.7% to $1.26 billion from a year ago;
analysts
expected $1.26 billion. 
    * Amdocs Ltd's reported EPS for the quarter was 76 cents​.
    * The company reported quarterly net income of $86.44
million.
    * Amdocs Ltd shares had risen by 6.1% this quarter and
gained 5.7%
so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 0.1%
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 8 "strong buy" or "buy," 2
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the it services &
consulting peer group is also "buy"

Wall Street's median 12-month price target for Amdocs Ltd is
100.00 
This summary was machine generated from LSEG data November 12 at
11:28 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
 Sep. 30 2024      1.70           1.70           Met
 Jun. 30 2024      1.60           1.62           Beat
 Mar. 31 2024      1.56           1.56           Met
 Dec. 31 2023      1.56           1.56           Met