SS&C Technologies Revises FY24 Adjusted Revenue Forecast From ~$5.694B – $5.854B To $5.706B – $5.866B (Est $5.78B), Adjusted EPS From $4.93 – $5.17 To $4.98 – $5.22 (Est $5.11)
Portfolio Pulse from Benzinga Newsdesk
SS&C Technologies has revised its FY24 adjusted revenue forecast from approximately $5.694 billion – $5.854 billion to $5.706 billion – $5.866 billion, and its adjusted EPS from $4.93 – $5.17 to $4.98 – $5.22. The estimates were $5.78 billion for revenue and $5.11 for EPS.
July 25, 2024 | 8:27 pm
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SS&C Technologies has slightly revised its FY24 revenue and EPS forecasts upwards. The new revenue forecast is $5.706 billion – $5.866 billion, and the new EPS forecast is $4.98 – $5.22, both slightly above previous estimates.
The upward revision in both revenue and EPS forecasts indicates a positive outlook for SS&C Technologies. This is likely to boost investor confidence and positively impact the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100