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

Ebix

09/08/2022 13:35

* Ebix Inc  EBIX.OQ  reported quarterly adjusted earnings of
63
cents​​ per share for the quarter ended in June. The mean
expectation of two analysts for the quarter was for earnings of
56 cents per share.
    * Revenue rose 1.8% to $250.78 million from a year ago;
analysts
expected $273.10 million. 
    * Ebix Inc's reported EPS for the quarter was 63 cents​.
    * The mean earnings estimate of analysts had fallen by
about 13.1%
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 risen by 45.9% this quarter and
lost 18.9%
so far this year.
    * The company reported quarterly net income of $19.34
million.
    * Wall Street's median 12-month price target for Ebix Inc is
$99.50 
    * 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 Refinitiv data August 9
at 12:34 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2022      0.57           0.63           Beat
 Mar. 31 2022      0.56           0.62           Beat
 Dec. 31 2021      0.72           0.50           Missed
 Sep. 30 2021      0.63           0.50           Missed