Ttec Holdings Inc Reports Results For The Quarter Ended In December: Earnings Summary

TTEC Holdings (Texas)

01/03/2024 19:05

* TTEC Holdings Inc  TTEC.OQ  reported quarterly adjusted
earnings
of 37 cents​​ per share for the quarter ended in December, lower
than the same quarter last year, when the company reported EPS
of 89 cents.  The mean expectation of six analysts for the
quarter was for earnings of 39 cents per share. Wall Street
expected results to range from 36 cents to 41 cents per share.
    * Revenue fell 4.9% to $626.18 million from a year ago;
analysts
expected $603.48 million. 
    * TTEC Holdings Inc's reported EPS for the quarter was a
loss
of 21 cents​.
    * The company reported a quarterly loss of $9.9 million.
    * TTEC Holdings Inc shares had fallen by 19.5% this quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 0.8%
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 5 "strong buy" or "buy," 1
"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 TTEC Holdings Inc
is $22.00 
This summary was machine generated from LSEG data March 1 at
07:05 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
 Dec. 31 2023      0.39           0.37           Missed
 Sep. 30 2023      0.44           0.48           Beat
 Jun. 30 2023      0.47           0.55           Beat
 Mar. 31 2023      0.47           0.78           Beat