Zacks: Analysts Anticipate Unisys Co. (UIS) to Post $0.66 EPS

Analysts expect Unisys Co. (NYSE:UIS) to announce earnings of $0.66 per share for the current fiscal quarter, according to Zacks. Two analysts have provided estimates for Unisys’ earnings, with estimates ranging from $0.64 to $0.67. Unisys reported earnings per share of $0.77 in the same quarter last year, which suggests a negative year-over-year growth rate of 14.3%. The firm is scheduled to report its next quarterly earnings results after the market closes on Tuesday, February 12th.

On average, analysts expect that Unisys will report full year earnings of $1.60 per share for the current fiscal year, with EPS estimates ranging from $1.56 to $1.64. For the next financial year, analysts expect that the firm will report earnings of $1.82 per share, with EPS estimates ranging from $1.78 to $1.86. Zacks’ earnings per share calculations are an average based on a survey of research analysts that that provide coverage for Unisys.

Unisys (NYSE:UIS) last posted its quarterly earnings data on Thursday, November 8th. The information technology services provider reported $0.39 EPS for the quarter, missing the Zacks’ consensus estimate of $0.41 by ($0.02). The business had revenue of $688.30 million during the quarter, compared to analysts’ expectations of $669.60 million. Unisys had a net margin of 3.62% and a negative return on equity of 15.39%. The firm’s quarterly revenue was up 3.3% compared to the same quarter last year. During the same quarter last year, the firm earned $0.31 earnings per share.



A number of analysts have weighed in on the company. Zacks Investment Research cut Unisys from a “buy” rating to a “hold” rating in a research report on Monday. Loop Capital set a $13.00 target price on Unisys and gave the stock a “hold” rating in a research report on Wednesday, December 12th. Finally, ValuEngine downgraded Unisys from a “buy” rating to a “hold” rating in a research report on Monday, November 12th. Four analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. The company has an average rating of “Hold” and an average price target of $14.33.

NYSE:UIS traded down $0.38 on Monday, reaching $12.29. The company’s stock had a trading volume of 695,238 shares, compared to its average volume of 447,498. Unisys has a 12-month low of $9.40 and a 12-month high of $20.95. The company has a market capitalization of $646.48 million, a P/E ratio of 5.08 and a beta of 1.45.

Several hedge funds and other institutional investors have recently bought and sold shares of the business. Texas Permanent School Fund increased its holdings in shares of Unisys by 19.3% in the fourth quarter. Texas Permanent School Fund now owns 33,390 shares of the information technology services provider’s stock valued at $388,000 after buying an additional 5,392 shares in the last quarter. Bank of New York Mellon Corp increased its holdings in shares of Unisys by 11.8% in the fourth quarter. Bank of New York Mellon Corp now owns 730,028 shares of the information technology services provider’s stock valued at $8,490,000 after buying an additional 77,106 shares in the last quarter. BlackRock Inc. increased its holdings in shares of Unisys by 2.0% in the fourth quarter. BlackRock Inc. now owns 7,512,381 shares of the information technology services provider’s stock valued at $87,371,000 after buying an additional 146,141 shares in the last quarter. Towle & Co. increased its holdings in shares of Unisys by 1.3% in the fourth quarter. Towle & Co. now owns 2,389,268 shares of the information technology services provider’s stock valued at $27,787,000 after buying an additional 29,810 shares in the last quarter. Finally, Campbell & CO Investment Adviser LLC bought a new position in shares of Unisys in the fourth quarter valued at $811,000.

About Unisys

Unisys Corporation provides information technology services worldwide. It operates in two segments, Services and Technology. The Services segment provides cloud and infrastructure services, application services, and business process outsourcing services. The Technology segment designs and develops software, hardware, and other related products.

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