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

Ebix

10/05/2022 14:32

* Ebix Inc  EBIX.OQ  reported quarterly adjusted earnings of
62
cents​​ per share for the quarter ended in March. The mean
expectation of two analysts for the quarter was for earnings of
56 cents per share.
    * Revenue fell 1.3% to $286.25 million from a year ago; 
analysts
expected $278.73 million. 
    * Ebix Inc's reported EPS for the quarter was 62 cents​.
    * The mean earnings estimate of analysts had fallen by
about 10.5%
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 15.3% this quarter and
lost 7.6%
so far this year.
    * The company reported quarterly net income of $19.19
million.
    * Wall Street's median 12-month price target for Ebix Inc is
$113.88 
    * 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 10 at 01:32 p.m.  ​All
figures in US dollars unless otherwise stated