Battered FICO takes another hit after Q4 profit miss

By Reuters News

** Shares of credit-scoring firm Fair Issac FICO.N fall 8.6% to $641 premarket

** Profit miss in Q4 deepens woes after a near 59% slide this year

** FICO's earnings of $8.12 per share in the three months ended September 30, falls short of the $8.89 estimate - data compiled by LSEG

** Company did not provide forecast for fiscal year 2027, citing a "pricing transition" and "mortgage market challenges"

** "While we expect investors to come away disappointed given the lack of details around FICO's strategy to preserve its market share, this more reserved approach will likely better serve the company in the long term," Jefferies analysts write

** FICO has been in the crosshairs of Federal Housing Finance Agency Director Bill Pulte, who has repeatedly criticized the company, for allegedly high costs for consumers

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