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DOX Amdocs News Story

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Brief: Amdocs Q3 Adjusted EPS USD 1.72 Vs. IBES Estimate USD 1.71

Overview

Amdocs Q3 revenue of $1.14 bln beats analyst expectations, per LSEG data

Adjusted EPS of $1.72 for Q3 beats estimates, per LSEG data

Revenue down 8.4% as reported, up 3.5% in pro forma constant currency

Outlook

Amdocs expects FY 2025 revenue growth of (10.0)%-(9.0)% as reported

Company anticipates FY 2025 pro forma revenue growth of 2.4%-3.4%

Amdocs sees Q4 2025 revenue between $1,125 mln and $1,165 mln

Company reiterates FY 2025 target for double-digit shareholder returns

Result Drivers

PHASE OUT - Revenue decline due to phase out of certain non-core business activities

EUROPEAN GROWTH - Record revenue in Europe, up 7.7% YoY

MANAGED SERVICES - Managed services revenue reached $771 mln, up 4.1% YoY

Key Details

MetricBeat/MissActualConsensus Estimate
Q3 RevenueBeat$1.14 bln$1.13 bln (5 Analysts)
Q3 Adjusted EPSBeat$1.72$1.71 (4 Analysts)
Q3 EPS$1.39
Q3 Net Income$154.80 mln
Q3 Free Cash Flow$212 mln
Q3 Revenue Growth-8.4%
Analyst Coverage The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 7 "strong buy" or "buy", 1 "hold" and no "sell" or "strong sell" The average consensus recommendation for the it services & consulting peer group is "buy" Wall Street's median 12-month price target for Amdocs Ltd is $102.60, about 17.4% above its August 5 closing price of $84.79 The stock recently traded at 11 times the next 12-month earnings vs. a P/E of 12 three months ago Press Release: ID:nACSfk8jta (This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)

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