Fair Isaac Corp reports results for the quarter ended March 31 - Earnings Summary

• Fair Isaac Corp FICO.N reported quarterly adjusted earnings of $7.81​​ per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of $6.14. The mean expectation of fifteen analysts for the quarter was for earnings of $7.44 per share. Wall Street expected results to range from $7.04 to $7.81 per share.

• Revenue rose 15% to $498.74 million from a year ago; analysts expected $499.79 million.

• Fair Isaac Corp's reported EPS for the quarter was $6.59​.

• The company reported quarterly net income of $162.62 million.

• Fair Isaac Corp shares had risen by 5.4% this quarter and lost 2.4% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 0.4% in the last three months.​

• In the last 30 days, three analysts negatively revised earnings estimates

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 12 "strong buy" or "buy," 5 "hold" and 2 "sell" or "strong sell." The average consensus recommendation for the software peer group is also "buy"

• Wall Street's median 12-month price target for Fair Isaac Corp is $2,080.09

This summary was machine generated from LSEG data April 29 at 10:28 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)