TTEC Holdings Inc reports results for the quarter ended March 31 - Earnings Summary

• TTEC Holdings Inc TTEC.OQ reported quarterly adjusted earnings of 28 cents​​ per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of 27 cents. The mean expectation of six analysts for the quarter was for earnings of 22 cents per share. Wall Street expected results to range from 13 cents to 31 cents per share.

• Revenue fell 7.4% to $534.23 million from a year ago; analysts expected $513.08 million.

• TTEC Holdings Inc's reported EPS for the quarter was 7 cents​.

• The company reported quarterly net income of $1.38 million.

• TTEC Holdings Inc shares had risen by 19.1% this quarter and lost 21.4% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had risen by about 22.7% 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 3 "strong buy" or "buy," 2 "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 TTEC Holdings Inc is $6.85

This summary was machine generated from LSEG data May 8 at 09:01 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)