Ebix Inc reports results for the quarter ended in December - Earnings Summary

Ebix

15/03/2023 13:31

* Ebix Inc  EBIX.OQ  reported quarterly adjusted earnings of
26
cents​​ per share for the quarter ended in December. The mean
expectation of two analysts for the quarter was for earnings of
55 cents per share.
    * Revenue fell 4.4% to $255.21 million from a year ago;
analysts
expected $251.05 million. 
    * Ebix Inc's reported EPS for the quarter was 26 cents​.
    * The mean earnings estimate of analysts had fallen by
about 9.2%
in the last three months.​ 
    * In the last 30 days, one analyst negatively revised an
earnings
estimate 
    * Ebix Inc shares had fallen by 18.5% this quarter.
    * The company reported quarterly net income of $7.86
million.
    * Wall Street's median 12-month price target for Ebix Inc is
$41.75 
    * The current average analyst rating on the shares is
"strong buy"
and the breakdown of recommendations is 2 "strong buy" or
"buy," no "hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data
March 15 at 01:30 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2022      0.55           0.26           Missed
 Sep. 30 2022      0.60           0.59           Missed
 Jun. 30 2022      0.57           0.63           Beat
 Mar. 31 2022      0.56           0.62           Beat