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

Ebix

09/08/2021 13:45

* Ebix Inc  EBIX.OQ  reported quarterly adjusted earnings of 51
cents​​ per share for the quarter ended in June. The mean
expectation of two analysts for the quarter was for earnings of
59 cents per share.
* Revenue rose 121.3% to $246.32 million from a year ago; 
analysts expected $226.77 million. 
* Ebix Inc's reported EPS for the quarter was 51 cents​.
* The mean earnings estimate of analysts had fallen by
about 29.5% in the last three months.​ 
* In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
* Ebix Inc shares had fallen by 10.6% this quarter and
lost 20.2% so far this year.
* The company reported quarterly net income of $15.72 million.
* Wall Street's median 12-month price target for Ebix Inc is
$57.75 
* 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 August 9 at 12:44 p.m.  ​All
figures in US dollars unless otherwise stated