Amdocs Ltd reports results for the quarter ended September 30 - Earnings Summary

• Amdocs Ltd DOX.OQ reported quarterly adjusted earnings of $1.70​​ per share for the quarter ended September 30, higher than the same quarter last year, when the company reported EPS of $1.42. The mean expectation of seven analysts for the quarter was for earnings of $1.70 per share. Wall Street expected results to range from $1.69 to $1.70 per share.

• Revenue rose 1.7% to $1.26 billion from a year ago; analysts expected $1.26 billion.

• Amdocs Ltd's reported EPS for the quarter was 76 cents​.

• The company reported quarterly net income of $86.44 million.

• Amdocs Ltd shares had risen by 6.1% this quarter and gained 5.7% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 0.1% 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 "buy" and the breakdown of recommendations is 8 "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 "buy"

Wall Street's median 12-month price target for Amdocs Ltd is 100.00

This summary was machine generated from LSEG data November 12 at 11:28 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)