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

Ebix

17/05/2021 15:24

* Ebix Inc  EBIX.OQ  reported quarterly adjusted earnings of 70
cents​​ per share for the quarter ended in March. The mean
expectation of two analysts for the quarter was for earnings of
87 cents per share.
* Revenue rose 110.4% to $290.05 million from a year ago; 
analysts expected $203.91 million. 
* The mean earnings estimate of analysts had fallen by
about 9.9% in the last three months.​ 
* In the last 30 days one analyst negatively revised an earnings
estimate 
* Ebix Inc shares had fallen by 10.9% this quarter and
lost 24.9% so far this year.
* The company reported quarterly net income of $21.59 million.
* Wall Street's median 12-month price target for Ebix Inc is
$40.50 
* 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 May 17 at 02:24 p.m. GMT.
​All figures in US dollars