Amdocs's Earnings Outlook
Portfolio Pulse from Benzinga Insights
Amdocs (NASDAQ:DOX) is expected to report an EPS of $1.56 in its upcoming quarterly earnings on 2024-02-06. Analysts and investors are keen on whether Amdocs will surpass this estimate and provide positive guidance for the next quarter. Historical data shows mixed reactions to past earnings reports, with the last quarter's EPS miss leading to a 5.63% drop in share price. Over the last year, Amdocs shares have decreased by 2.89%, indicating potential concern among long-term shareholders.
February 05, 2024 | 2:01 pm
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Amdocs is anticipated to report an EPS of $1.56 in its upcoming earnings, with investors looking for a beat and positive future guidance. Historical performance shows sensitivity to earnings reports, with a notable 5.63% drop after the last quarter's EPS miss. Shares have declined by 2.89% over the past year, indicating potential investor concern.
The anticipation of Amdocs's earnings report and its potential to beat EPS estimates could influence short-term stock performance. Historical data suggests that the company's share price is sensitive to earnings outcomes, particularly guidance for future quarters. However, given the mixed historical performance and the overall negative trend over the past year, the short-term impact is assessed as neutral, reflecting uncertainty in investor reaction.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100