NCR Voyix Corp reports results for the quarter ended in January 1 - Earnings Summary

NCR Voyix

08/11/2024 05:03

* NCR Voyix Corp  VYX.N  reported quarterly breakeven
results​​
per share for the quarter ended January 1, lower than the same
quarter last year, when the company reported EPS of 95 cents. 
The mean expectation of seven analysts for the quarter was for a
loss of 6 cents per share. Wall Street expected results to range
from -19 cents to 15 cents per share.
    * Revenue fell 64.7% to $711.00 million from a year ago;
analysts
expected $691.54 million. 
    * NCR Voyix Corp's reported EPS for the quarter was a loss
of 24
cents​.
    * The company reported a quarterly loss of $35 million.
    * NCR Voyix Corp shares had risen by 3.1% this quarter and
lost 17.3% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 161.5% in the last three months.​ 
    * In the last 30 days, three analysts negatively revised
earnings
estimates

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 7 "strong buy" or "buy," 2
"hold" and 1 "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
$16.00 
This summary was machine generated from LSEG data November 8 at
05:03 a.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
 Sep. 30 2024      -0.06          0.00           Beat
 Jun. 30 2024      0.16           0.09           Missed
 Mar. 31 2024      0.05           0.13           Beat
 Dec. 31 2023      0.45           -0.82          Missed