ReutersReuters

SS&C Technologies Holdings Inc reports results for the quarter ended in March - Earnings Summary

  • SS&C Technologies Holdings Inc SSNC reported quarterly adjusted earnings of $1.28​​ per share for the quarter ended in March, higher than the same quarter last year, when the company reported EPS of $1.11. The mean expectation of eight analysts for the quarter was for earnings of $1.21 per share. Wall Street expected results to range from $1.17 to $1.22 per share.

  • Revenue rose 5.3% to $1.44 billion from a year ago; analysts expected $1.41 billion.

  • SS&C Technologies Holdings Inc's reported EPS for the quarter was 62 cents​.

  • The company reported quarterly net income of $157.6 million.

  • SS&C Technologies Holdings Inc shares had fallen by 4.4% this quarter and gained 0.7% so far this year.

FORECAST CHANGES

  • The mean earnings estimate of analysts had fallen by about 1.7% 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."

  • Wall Street's median 12-month price target for SS&C Technologies Holdings Inc is $70.50

This summary was machine generated from LSEG data April 25 at 11:23 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)

QUARTER ENDING

ESTIMATE

ACTUAL

BEAT, MET, MISSED

Mar. 31 2024

1.21

1.28

Beat

Dec. 31 2023

1.24

1.26

Beat

Sep. 30 2023

1.17

1.17

Met

Jun. 30 2023

1.12

1.08

Missed

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