TTEC Holdings Inc reports results for the quarter ended June 30 - Earnings Summary

• TTEC Holdings Inc TTEC.OQ reported quarterly adjusted earnings of 22 cents​​ per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of 14 cents. The mean expectation of four analysts for the quarter was for earnings of 20 cents per share. Wall Street expected results to range from 13 cents to 25 cents per share.

• Revenue fell 3.8% to $513.57 million from a year ago; analysts expected $498.71 million.

• TTEC Holdings Inc's reported EPS for the quarter was a loss of 17 cents​.

• The company reported a quarterly loss of $7.99 million.

• TTEC Holdings Inc shares had fallen by 43.7% this quarter and lost 45.7% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 11.5% 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 "buy" and the breakdown of recommendations is 2 "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, about 60.1% above its last closing price of $2.73

This summary was machine generated from LSEG data August 8 at 04:11 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)