Unisys Q4 Adj EPS $0.51 Beats $0.20 Estimate, Sales $557.60M Beat $535.27M Estimate
Portfolio Pulse from Benzinga Newsdesk
Unisys (NYSE:UIS) reported Q4 adjusted EPS of $0.51, surpassing the $0.20 estimate, a 155% beat. However, this represents a 58.2% decrease from last year's $1.22 EPS. Q4 sales were $557.60M, exceeding the $535.27M estimate by 4.17% and marking a slight 0.11% increase from the previous year's $557.00M.
February 21, 2024 | 12:06 pm
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Unisys reported a significant beat on both EPS and sales estimates for Q4, with EPS at $0.51 against a $0.20 estimate and sales of $557.60M against a $535.27M estimate.
The significant beat on both EPS and sales estimates for Q4 is likely to positively impact investor sentiment towards Unisys in the short term. The surpassing of estimates by a wide margin, especially in EPS, indicates strong operational performance and efficiency, which could lead to increased investor confidence and potentially drive the stock price up.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100