SS&C Techs Hldgs Q2 Adj $1.08 Misses $1.12 Estimate, Sales $1.36B Inline
Portfolio Pulse from Benzinga Newsdesk
SS&C Techs Hldgs (NASDAQ:SSNC) reported Q2 earnings of $1.08 per share, missing the analyst consensus estimate of $1.12 by 3.57%. This is a 1.82% decrease from the same period last year. The company's quarterly sales of $1.36 billion met the analyst consensus estimate, marking a 2.48% increase from last year.
July 27, 2023 | 8:20 pm
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NEGATIVE IMPACT
SS&C Techs Hldgs reported lower than expected Q2 earnings, which may negatively impact the stock price.
SS&C Techs Hldgs reported lower than expected earnings for Q2. This miss could lead to a decrease in investor confidence and a potential drop in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100