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

• Unisys Corporation UIS.N reported a quarterly adjusted loss of 12 cents​​ per share for the quarter ended September 30, lower than the same quarter last year, when the company reported EPS of -8 cents. The mean expectation of five analysts for the quarter was for a loss of 23 cents per share. Wall Street expected results to range from -30 cents to -9 cents per share.

• Revenue rose 2.5% to $471.50 million from a year ago; analysts expected $449.85 million.

• Unisys Corporation's reported EPS for the quarter was a loss of $2.76​.

• The company reported a quarterly loss of $201 million.

• Unisys Corporation shares had risen by 2.2% this quarter and lost 14.5% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 508.7% in the last three months.​

• In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "strong buy" or "buy," 1 "hold" and no "sell" or "strong sell." The average consensus recommendation for the it services & consulting peer group is also "buy"

• Wall Street's median 12-month price target for Unisys Corporation is $5.00, about 53% above its last closing price of $2.35

This summary was machine generated from LSEG data November 5 at 01:39 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)