ACI Worldwide Inc reports results for the quarter ended December 31 - Earnings Summary

• ACI Worldwide Inc ACIW.OQ reported quarterly adjusted earnings of 93 cents​​ per share for the quarter ended December 31, lower than the same quarter last year, when the company reported EPS of $1.12. The mean expectation of six analysts for the quarter was for earnings of 58 cents per share. Wall Street expected results to range from 53 cents to 64 cents per share.

• Revenue fell 4.9% to $453.04 million from a year ago; analysts expected $451.74 million.

• ACI Worldwide Inc's reported EPS for the quarter was 93 cents​.

• The company reported quarterly net income of $98.56 million.

• ACI Worldwide Inc shares had fallen by 2.6% 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 "buy" and the breakdown of recommendations is 3 "strong buy" or "buy," 3 "hold" and no "sell" or "strong sell."

• The average consensus recommendation for the financial technology (fintech) peer group is also "buy"

Wall Street's median 12-month price target for ACI Worldwide Inc is $66.00

This summary was machine generated from LSEG data February 27 at 02:31 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)