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

NCR Voyix

09/05/2024 14:31

* NCR Voyix Corp  VYX.N  reported quarterly adjusted
earnings of
13 cents​​ per share for the quarter ended in March, lower than
the same quarter last year, when the company reported EPS of 56
cents.  The mean expectation of six analysts for the quarter was
for earnings of 5 cents per share. Wall Street expected
results to range from -2 cents to 8 cents per share.
    * Revenue fell 54.4% to $862.00 million from a year ago;
analysts
expected $856.89 million. 
    * NCR Voyix Corp's reported EPS for the quarter was a loss
of 31
cents​.
    * The company reported a quarterly loss of $44 million.
    * NCR Voyix Corp shares had fallen by 0.1% this quarter and
lost 25.4% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 91.9%
in the last three months.​ 
    * In the last 30 days, one analyst negatively revised an
earnings
estimate

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 6 "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
$19.50 
This summary was machine generated from LSEG data May 9 at 01:30
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
 Mar. 31 2024      0.05           0.13           Beat
 Dec. 31 2023      0.45           -0.82          Missed
 Sep. 30 2023      0.98           0.95           Missed
 Jun. 30 2023      0.67           0.94           Beat