NCR Voyix Corp reports results for the quarter ended in December - Earnings Summary

NCR Voyix

29/02/2024 23:15

* NCR Voyix Corp  VYX.N  reported a quarterly adjusted loss
of 82
cents​​ per share for the quarter ended in December, lower than
the same quarter last year, when the company reported EPS of 79
cents.  The mean expectation of seven analysts for the quarter
was for earnings of 45 cents per share. Wall Street expected
results to range from 30 cents to 59 cents per share.
    * Revenue fell 52.1% to $963.00 million from a year ago;
analysts
expected $963.98 million. 
    * NCR Voyix Corp's reported EPS for the quarter was a loss
of
$2.25​.
    * The company reported a quarterly loss of $318 million.
    * NCR Voyix Corp shares had fallen by 15.4% this quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 19.1%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 5 "strong buy" or "buy," 3
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the it services &
consulting peer group is also "buy"

Wall Street's median 12-month price target for NCR Voyix Corp is
$22.50 
This summary was machine generated from LSEG data February 29 at
11:15 p.m. UTC. ​All figures in US dollars unless otherwise
stated. (For questions concerning the data in this report,
contact Estimates.Support@lseg.com. For any other questions or
feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2023      0.45           -0.82          Missed
 Sep. 30 2023      0.98           0.95           Missed
 Jun. 30 2023      0.67           0.94           Beat
 Mar. 31 2023      0.49           0.56           Beat