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

TTEC Holdings (Texas)

08/08/2024 23:23

* TTEC Holdings Inc  TTEC.OQ  reported quarterly adjusted
earnings
of 14 cents​​ per share for the quarter ended in June, lower
than the same quarter last year, when the company reported EPS
of 55 cents.  The mean expectation of seven analysts for the
quarter was for earnings of 29 cents per share. Wall Street
expected results to range from 23 cents to 38 cents per share.
    * Revenue fell 11% to $534.09 million from a year ago;
analysts
expected $552.53 million. 
    * TTEC Holdings Inc's reported EPS for the quarter was a
loss of
$6.29​.
    * The company reported a quarterly loss of $299.54 million.
    * TTEC Holdings Inc shares had fallen by 9.0% this
quarter and
lost 75.3% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 7.2%
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 "hold"
and
the breakdown of recommendations is 3 "strong buy" or "buy," 3
"hold" and 1 "sell" or "strong sell." 
    * The average consensus recommendation for the it services &
consulting peer group is also "hold"

Wall Street's median 12-month price target for TTEC Holdings Inc
is $9.00 
This summary was machine generated from LSEG data August 8 at
10:22 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
 Jan. 1 0001       0.29           0.14           Missed
 Mar. 31 2024      0.30           0.27           Missed
 Sep. 30 2023                     0.37           
 Sep. 30 2023                     0.48