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

• Unisys Corp UIS.N reported a quarterly adjusted loss of 8 cents​​ per share for the quarter ended September 30, identical to the same quarter last year. The mean expectation of four analysts for the quarter was for earnings of one cent per share. Wall Street expected results to range from -27 cents to 21 cents per share.

• Revenue fell 7.4% to $460.20 million from a year ago; analysts expected $493.78 million.

• Unisys Corp's reported EPS for the quarter was a loss of $4.33​.

• The company reported a quarterly loss of $308.9 million.

• Unisys Corp shares had fallen by 13.6% this quarter and lost 46.8% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 68.7% in the last three months.​

• In the last 30 days, one analyst negatively revised an earnings estimate

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 2 "strong buy" or "buy," 1 "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 Unisys Corp is $7.50, about 55.1% above its last closing price of $3.37

This summary was machine generated from LSEG data November 6 at 06:52 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)