Unisys Corp reports results for the quarter ended in September 30 - Earnings Summary

Unisys

30/10/2024 02:53

* Unisys Corp  UIS.N  reported a quarterly adjusted loss
of 8
cents​​ per share for the quarter ended September 30, higher
than the same quarter last year, when the company reported EPS
of -33 cents.  The mean expectation of three analysts for the
quarter was for earnings of 13 cents per share. Wall Street
expected results to range from -4 cents to 22 cents per share.
    * Revenue rose 7% to $497.00 million from a year ago;
analysts
expected $486.50 million. 
    * Unisys Corp's reported EPS for the quarter was a loss
of 89
cents​.
    * The company reported a quarterly loss of $61.9 million.
    * Unisys Corp shares had fallen by 4.4% this quarter and
lost 3.4%
so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 122.2%
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
$5.13 
This summary was machine generated from LSEG data October 30 at
02:52 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
 Sep. 30 2024      0.13           -0.08          Missed
 Jun. 30 2024      -0.01          0.16           Beat
 Mar. 31 2024      -0.05          0.04           Beat
 Dec. 31 2023      0.20           0.51           Beat