Market Overview

SS&C Technologies Hldgs's Earnings: A Preview


On Wednesday, October 28, SS&C Technologies Hldgs (NASDAQ: SSNC) will release its latest earnings report. Benzinga's outlook for SS&C Technologies Hldgs is included in the following report.

Net Income, Earnings, And Earnings Per Share

Earnings and especially earnings per share (EPS) are useful measures of a company's profitability. Total earnings, which is also referred to as net income, equals total revenue minus total expenses. EPS equals to net income divided by the number of shares outstanding.

Earnings And Revenue

Based on management's projections, SS&C Technologies Hldgs analysts model for earnings of $0.98 per share on sales of $1.13 billion. SS&C Technologies Hldgs EPS in the same period a year ago totaled $0.93. Sales were $1.15 billion.

Why Analyst Estimates And Earnings Surprises Are Important

Analysts who cover this company will publish forward-looking estimates of its revenue and EPS each quarter. Averaging together every EPS and revenue prediction that each analyst makes about a company in a quarter yields the "consensus estimates." A company posting earnings or revenue above or below the consensus estimate is known as an "earnings surprise" and may move the stock by a considerable margin.

If the company were to match the consensus estimate when it reports Wednesday, earnings would be up 5.38%. Revenue would be down 1.82% from the year-ago period. Here is how the company's reported EPS has stacked up against analyst estimates in the past:

Quarter Q2 2020 Q1 2020 Q4 2020 Q3 2019
EPS Estimate 0.91 0.96 0.97 0.89
EPS Actual 1.04 1.03 1.08 0.93
Revenue Estimate 1.11 B 1.17 B 1.17 B 1.14 B
Revenue Actual 1.14 B 1.18 B 1.21 B 1.15 B

Stock Performance

Over the last 52-week period, shares are up 23.31%. Given that these returns are generally positive, long-term shareholders can be content going into this earnings release.

Do not be surprised to see the stock move on comments made during its conference call. SS&C Technologies Hldgs is scheduled to hold the call at 17:00:00 ET and can be accessed here.


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Posted-In: Earnings