Unisys Corp expected to post a loss of 5 cents a share - Earnings Preview

Unisys

04/05/2024 03:23

* Unisys Corp  UIS.N   UIS  is expected to show a fall in
quarterly revenue when it reports  results on May 7 for the
period ending March 31 2024
    * The Blue Bell Pennsylvania-based  company is expected to
report
a 6.5% decrease in revenue to $482.9 million from $516.4 million
a year ago, according to the mean estimate from 3 analysts,
based on LSEG data.
    * ​LSEG's mean analyst estimate for Unisys Corp is for a
loss of 5
cents per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is no "strong buy" or "buy," 2
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Unisys Corp
is
$5.50​, above​ its last closing price of $5.08. ​​​

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  0.22        0.20       0.51      Beat    150.8
 Sep. 30 2023  -0.58       -0.57      -0.33     Beat    42.6
 Mar. 31 2023  -0.40       -0.40      -0.09     Beat    77.3​
 Mar. 31 2023  0.00        0.00       0.51      Beat    
 ​​Dec.        0.69        0.70       1.22      Beat    74.9
 31 2022                                                
 Sep. 30 2022  -0.15       -0.12      0.05      Beat    140​
 Jun. 30 2022  0.06        0.08       0.24      Beat    213
 Mar. 31 2022  -0.27       -0.22      -0.41     Missed  -86.4
 This summary was machine generated May 4 at 02:23 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)