SS&C Q2 adjusted revenue beats estimates
SS&C Q2 adjusted revenue beats estimates
Overview
US financial technology provider's Q2 adjusted revenue rose 10.3%, beating analyst expectations
Adjusted EPS for Q2 was up 18.1% and beat analyst expectations
Company returned $499 mln to shareholders via buybacks and dividends in Q2
Outlook
SS&C sees Q3 2026 adjusted revenue between $1,657 mln and $1,697 mln
Company expects FY 2026 adjusted diluted EPS of $6.93 – $7.25
SS&C forecasts FY 2026 cash from operating activities of $1,717 mln – $1,817 mln
Result Drivers
ORGANIC GROWTH - Co said Q2 adjusted organic revenue grew 7.6%, driven by consistent execution
CLIENT RETENTION AND SALES - Co cited strong sales, robust renewal performance, and healthy retention as supporting Q2 results
MARGIN EXPANSION - Co reported steady margin expansion as a factor in improved Q2 results
Company press release: ID:nBwpnfba
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
Q2 Revenue |
| $1.69 bln |
|
Q2 Adjusted Revenue | Beat | $1.69 bln | $1.66 bln (8 Analysts) |
Q2 Adjusted EPS | Beat | $1.76 | $1.68 (9 Analysts) |
Q2 EPS |
| $0.97 |
|
Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 8 "strong buy" or "buy", 2 "hold" and no "sell" or "strong sell"
The average consensus recommendation for the it services & consulting peer group is "buy"
Wall Street's median 12-month price target for SS&C Technologies Holdings Inc is $89.50, about 33.5% above its July 22 closing price of $67.02
The stock recently traded at 9 times the next 12-month earnings vs. a P/E of 10 three months ago
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For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.
(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)