Amdocs Ltd reports results for the quarter ended December 31 - Earnings Summary

• Amdocs Ltd DOX.OQ reported quarterly adjusted earnings of $1.66​​ per share for the quarter ended December 31, higher than the same quarter last year, when the company reported EPS of $1.56. The mean expectation of five analysts for the quarter was for earnings of $1.64 per share. Wall Street expected results to range from $1.60 to $1.67 per share.

• Revenue fell 10.9% to $1.11 billion from a year ago; analysts expected $1.11 billion.

• Amdocs Ltd's reported EPS for the quarter was $1.33​.

• The company reported quarterly net income of $151.13 million.

• Amdocs Ltd shares had risen by 2.0% this quarter.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 3.7% 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 7 "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 Amdocs Ltd is $100.09

This summary was machine generated from LSEG data February 5 at 11:37 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)