廣告
香港股市 將在 4 小時 47 分鐘 開市
  • 恒指

    18,537.81
    +223.95 (+1.22%)
     
  • 國指

    6,560.67
    +103.95 (+1.61%)
     
  • 上證綜指

    3,154.32
    +25.84 (+0.83%)
     
  • 道指

    39,387.76
    +331.37 (+0.85%)
     
  • 標普 500

    5,214.08
    +26.41 (+0.51%)
     
  • 納指

    16,346.26
    +43.51 (+0.27%)
     
  • Vix指數

    12.69
    -0.31 (-2.38%)
     
  • 富時100

    8,381.35
    +27.30 (+0.33%)
     
  • 紐約期油

    79.61
    +0.62 (+0.78%)
     
  • 金價

    2,351.90
    +29.60 (+1.27%)
     
  • 美元

    7.8134
    -0.0036 (-0.05%)
     
  • 人民幣

    0.9234
    -0.0002 (-0.02%)
     
  • 日圓

    0.0500
    -0.0000 (-0.02%)
     
  • 歐元

    8.4241
    +0.0238 (+0.28%)
     
  • Bitcoin

    62,484.67
    +815.55 (+1.32%)
     
  • CMC Crypto 200

    1,343.63
    +43.54 (+3.35%)
     

Here's What Key Metrics Tell Us About SS&C Technologies (SSNC) Q1 Earnings

SS&C Technologies (SSNC) reported $1.44 billion in revenue for the quarter ended March 2024, representing a year-over-year increase of 5.3%. EPS of $1.28 for the same period compares to $1.11 a year ago.

The reported revenue compares to the Zacks Consensus Estimate of $1.42 billion, representing a surprise of +1.22%. The company delivered an EPS surprise of +4.92%, with the consensus EPS estimate being $1.22.

While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.

Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.

廣告

Here is how SS&C Technologies performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:

  • Adjusted Revenues- Software-enabled services: $1.19 billion compared to the $1.17 billion average estimate based on two analysts. The reported number represents a change of +6.6% year over year.

  • Revenues- License, maintenance and related: $247.30 million compared to the $253.25 million average estimate based on two analysts. The reported number represents a change of -0.5% year over year.

  • Revenues- Software-enabled services: $1.19 billion versus the two-analyst average estimate of $1.16 billion. The reported number represents a year-over-year change of +6.6%.

  • Adjusted Revenues- License, maintenance and related: $247.30 million versus $249.25 million estimated by two analysts on average. Compared to the year-ago quarter, this number represents a -0.5% change.

View all Key Company Metrics for SS&C Technologies here>>>

Shares of SS&C Technologies have returned -4.7% over the past month versus the Zacks S&P 500 composite's -3% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.

Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report

SS&C Technologies Holdings, Inc. (SSNC) : Free Stock Analysis Report

To read this article on Zacks.com click here.

Zacks Investment Research