SS&C Technologies Holdings Inc reports results for the quarter ended in March - Earnings Summary
26/04/2024 24:24
* SS&C Technologies Holdings Inc SSNC.OQ reported
quarterly
adjusted earnings of $1.28 per share for the quarter ended in
March, higher than the same quarter last year, when the company
reported EPS of $1.11. The mean expectation of eight analysts
for the quarter was for earnings of $1.21 per share. Wall Street
expected results to range from $1.17 to $1.22 per share.
* Revenue rose 5.3% to $1.44 billion from a year ago;
analysts
expected $1.41 billion.
* SS&C Technologies Holdings Inc's reported EPS for the
quarter
was 62 cents.
* The company reported quarterly net income of $157.6
million.
* SS&C Technologies Holdings Inc shares had fallen by 4.4%
this
quarter and gained 0.7% so far this year.
FORECAST CHANGES
* The mean earnings estimate of analysts had fallen by
about 1.7%
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 8 "strong buy" or "buy," 2
"hold" and no "sell" or "strong sell."
* Wall Street's median 12-month price target for SS&C
Technologies
Holdings Inc is $70.50
This summary was machine generated from LSEG data April 25 at
11:23 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 1.21 1.28 Beat
Dec. 31 2023 1.24 1.26 Beat
Sep. 30 2023 1.17 1.17 Met
Jun. 30 2023 1.12 1.08 Missed