Unisys Corp reports results for the quarter ended in December - Earnings Summary

Unisys

23/02/2024 03:18

* Unisys Corp  UIS.N  reported quarterly adjusted earnings
of 51
cents​​ per share for the quarter ended in December, lower than
the same quarter last year, when the company reported EPS of
$1.22.  The mean expectation of three analysts for the quarter
was for earnings of 20 cents per share. Wall Street expected
results to range from -1 cents to 36 cents per share.
    * Revenue rose 0.1% to $557.60 million from a year ago;
analysts
expected $535.27 million. 
    * Unisys Corp's reported EPS for the quarter was a loss of
$2.42​.
    * The company reported a quarterly loss of $165.3 million.
    * Unisys Corp shares had fallen by 8.0% this quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts was unchanged 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 "hold"
and
the breakdown of recommendations is no "strong buy" or "buy," 2
"hold" and no "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 Unisys Corp is
$5.50 
This summary was machine generated from LSEG data February 23 at
03:17 a.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      0.20           0.51           Beat
 Sep. 30 2023      -0.57          -0.33          Beat
 Jun. 30 2023      -0.40          -0.09          Beat
 Mar. 31 2023      0.00           0.51           Beat