Fair Isaac Corporation reports results for the quarter ended September 30 - Earnings Summary

• Fair Isaac Corporation FICO.N reported quarterly adjusted earnings of $11.10​​ per share for the quarter ended September 30, higher than the same quarter last year, when the company reported EPS of $7.74. The mean expectation of nineteen analysts for the quarter was for earnings of $10.71 per share. Wall Street expected results to range from $10.15 to $11.25 per share.

• Revenue rose 27.4% to $657.05 million from a year ago; analysts expected $651.68 million.

• Fair Isaac Corporation's reported EPS for the quarter was $8.12​.

• The company reported quarterly net income of $174.96 million.

• Fair Isaac Corporation shares had risen by 18.3% this quarter and lost 58.5% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 2.9% in the last three months.​

• In the last 30 days, eight analysts negatively revised earnings estimates

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 13 "strong buy" or "buy," 8 "hold" and 2 "sell" or "strong sell." The average consensus recommendation for the software peer group is also "buy"

• Wall Street's median 12-month price target for Fair Isaac Corporation is $912.50, about 23.2% above its last closing price of $701.03

This summary was machine generated from LSEG data November 5 at 04:15 a.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)