Fair Isaac Corp. (FICO) Announces Quarterly Earnings, Beats Expectations By $0.20 EPS
Fair Isaac Corp. (NASDAQ:FICO) issued its quarterly earnings data on Thursday. The company reported $0.81 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.61 by $0.20, Analyst Ratings Network reports. The company had revenue of $185.46 million for the quarter, compared to the consensus estimate of $187.10 million. During the same quarter in the previous year, the company posted $0.69 earnings per share. The company’s revenue for the quarter was up 3.4% on a year-over-year basis. Fair Isaac Corp. updated its FY14 guidance to $3.46-3.56 EPS.
On the ratings front, analysts at Wells Fargo & Co. initiated coverage on shares of Fair Isaac Corp. in a research note on Wednesday, February 12th. They set a “market perform” rating on the stock.
Shares of Fair Isaac Corp. (NASDAQ:FICO) traded down 0.18% during mid-day trading on Thursday, hitting $54.25. The stock had a trading volume of 154,456 shares. Fair Isaac Corp. has a one year low of $44.03 and a one year high of $63.48. The stock’s 50-day moving average is $53.8 and its 200-day moving average is $56.21. The company has a market cap of $1.894 billion and a price-to-earnings ratio of 23.61.
Fair Isaac Corporation (NASDAQ:FICO) provides products and services that enable businesses to automate, improve and connect decisions to enhance business performance.
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