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

• Unisys Corp UIS.N reported quarterly adjusted earnings of 19 cents​​ per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of 16 cents. The mean expectation of two analysts for the quarter was for a loss of 28 cents per share. Wall Street expected results to range from -34 cents to -23 cents per share.

• Revenue rose 1.1% to $483.30 million from a year ago; analysts expected $444.65 million.

• Unisys Corp's reported EPS for the quarter was a loss of 28 cents​.

• The company reported a quarterly loss of $20.1 million.

• Unisys Corp shares had fallen by 8.4% this quarter and lost 34.4% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 812.5% 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 "hold" and the breakdown of recommendations is no "strong buy" or "buy," 1 "hold" and no "sell" or "strong sell." The average consensus recommendation for the it services & consulting peer group is "buy."

• Wall Street's median 12-month price target for Unisys Corp is $8.00, about 49.3% above its last closing price of $4.06

This summary was machine generated from LSEG data July 30 at 10:23 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)