* Unisys Corp 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
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