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

• NCR Voyix Corp VYX.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 9 cents. The mean expectation of seven analysts for the quarter was for earnings of 13 cents per share. Wall Street expected results to range from 8 cents to 18 cents per share.

• Revenue fell 7.8% to $666.00 million from a year ago; analysts expected $648.64 million.

• NCR Voyix Corp's reported EPS for the quarter was a loss of 3 cents​.

• The company reported a quarterly loss of $4 million.

• NCR Voyix Corp shares had risen by 13.0% this quarter and lost 4.2% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 11.1% 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 NCR Voyix Corp is $15.00, about 11.6% above its last closing price of $13.26

This summary was machine generated from LSEG data August 7 at 04:43 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)