SS&C Technologies Holdings Inc expected to post earnings of $1.21 a share - Earnings Preview

SS&C Technologies Holdings

23/04/2024 22:24

* SS&C Technologies Holdings Inc  SSNC.OQ   SSNC.O  is
expected
to show a rise in quarterly revenue when it reports  results on
April 25 for the period ending March 31 2024
    * The Windsor Connecticut-based  company is expected to
report a
3.6% increase in revenue to $1.413 billion from $1.36 billion a
year ago, according to the mean estimate from 8 analysts, based
on LSEG data.The company's guidance on February 13 2024, for the
period ended March 31, was for revenue between $1.40 billion and
$1.44 billion.
    * ​LSEG's mean analyst estimate for SS&C Technologies
Holdings Inc
is for earnings of $1.21 per share. The company's EPS guidance
on February 13 2024, for the period ended March 31, was between
$1.19 and $1.25 
    * 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 mean earnings estimate of analysts had risen by
about 0.1%
in the last three months. ​
    * Wall Street's median 12-month price target for SS&C
Technologies
Holdings Inc is $70.50​, above​ its last closing price
of $61.23. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Dec. 31 2023  1.24        1.24       1.26      Beat    1.3
 Sep. 30 2023  1.17        1.17       1.17      Met     -0.3
 Jun. 30 2023  1.12        1.12       1.08      Missed  -3.5​
 Mar. 31 2023  1.14        1.14       1.11      Missed  -2.3
 ​​Dec.        1.16        1.16       1.16      Met     0.3
 31 2022                                                
 Sep. 30 2022  1.17        1.18       1.15      Missed  -2.6​
 Jun. 30 2022  1.16        1.18       1.09      Missed  -7.8
 Mar. 31 2022  1.25        1.25       1.25      Met     0
 This summary was machine generated April 23 at 21:23 GMT.  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)