Amdocs Q3 Adj $1.62 Beats $1.60 Estimate, Sales $1.25B Inline
Portfolio Pulse from Benzinga Newsdesk
Amdocs (NASDAQ:DOX) reported Q3 earnings of $1.62 per share, beating the analyst estimate of $1.60. Sales were $1.25 billion, in line with expectations. Both earnings and sales showed modest year-over-year growth.
August 07, 2024 | 8:14 pm
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Amdocs reported Q3 earnings of $1.62 per share, beating the analyst estimate of $1.60. Sales were $1.25 billion, in line with expectations. Both earnings and sales showed modest year-over-year growth.
Amdocs' earnings beat the analyst estimate, which is generally positive for the stock price. The in-line sales and modest year-over-year growth also support a positive short-term outlook.
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