Unisys Corporation (UIS) to Release Earnings on Monday
Unisys Corporation (NYSE:UIS) will be posting its quarterly earnings results after the market closes on Monday, October 30th. Analysts expect Unisys Corporation to post earnings of ($0.58) per share for the quarter.
Unisys Corporation (NYSE:UIS) last issued its quarterly earnings results on Tuesday, August 1st. The information technology services provider reported $0.03 EPS for the quarter, missing the consensus estimate of $0.37 by ($0.34). The firm had revenue of $666.20 million for the quarter, compared to the consensus estimate of $674.55 million. Unisys Corporation had a negative net margin of 3.81% and a negative return on equity of 5.94%. The business’s revenue for the quarter was down 11.0% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.81 earnings per share. On average, analysts expect Unisys Corporation to post $1.47 EPS for the current fiscal year and $1.91 EPS for the next fiscal year.
Unisys Corporation (NYSE:UIS) opened at 8.90 on Monday. Unisys Corporation has a one year low of $6.90 and a one year high of $16.70. The company’s 50-day moving average is $8.43 and its 200 day moving average is $10.68. The company’s market capitalization is $449.17 million.
Several equities research analysts recently issued reports on UIS shares. BidaskClub upgraded shares of Unisys Corporation from a “strong sell” rating to a “sell” rating in a research report on Friday, August 25th. Zacks Investment Research cut shares of Unisys Corporation from a “hold” rating to a “strong sell” rating in a research report on Friday, August 4th. ValuEngine cut shares of Unisys Corporation from a “strong-buy” rating to a “buy” rating in a research report on Wednesday, August 2nd. Finally, SunTrust Banks, Inc. set a $15.00 price objective on shares of Unisys Corporation and gave the stock a “buy” rating in a research report on Wednesday, August 2nd. One investment analyst has rated the stock with a sell rating, two have issued a hold rating and two have given a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and a consensus price target of $15.00.
Unisys Corporation Company Profile
Unisys Corporation (Unisys) is an information technology (IT) company. The Company operates through two segments: Services and Technology. The Company offers services, which include cloud and infrastructure services, application services and business process outsourcing services. In technology segment, the Company designs and develops software, servers and related products.
Receive News & Ratings for Unisys Corporation Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Unisys Corporation and related companies with MarketBeat.com's FREE daily email newsletter.