SS&C Techs Hldgs Q1 2024 Adj EPS $1.28 Beats $1.21 Estimate, Sales $1.436B Beat $1.413B Estimate
Portfolio Pulse from Benzinga Newsdesk
SS&C Technologies Holdings (SSNC) reported Q1 2024 adjusted EPS of $1.28, surpassing the $1.21 estimate, and sales of $1.436B, exceeding the $1.413B estimate. This represents a 12.28% increase in EPS and a 5.36% increase in sales from the same period last year.
April 25, 2024 | 8:17 pm
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POSITIVE IMPACT
SS&C Technologies Holdings (SSNC) exceeded Q1 2024 earnings and sales estimates, with a notable year-over-year growth in both metrics.
Beating both earnings and sales estimates typically leads to positive investor sentiment and can result in a short-term stock price increase. The reported year-over-year growth in earnings and sales further strengthens the case for a positive outlook on SSNC's stock in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100