Unisys Corp Fourth Quarter Earnings Sneak Peek
Unisys Corporation (NYSE:UIS) will unveil its latest earnings tomorrow, Tuesday, January 29, 2013. Unisys is a worldwide information technology company. The company provides a portfolio of IT services, software, and technology that solves critical problems for clients.
Unisys Corporation Earnings Preview Cheat Sheet
Wall St. Earnings Expectations: The average analyst estimate is for net income of $1 per share, a decline of 51.9% from the company’s actual earnings for the year-ago quarter. During the past three months, the average estimate has moved down from $1.10. Between one and three months ago, the average estimate moved down. It has been unchanged at $1 during the last month. For the year, analysts are projecting profit of $2.20 per share, a decline of 50.3% from last year.
Past Earnings Performance: The company has beaten estimates the last four quarters and is coming off a quarter where it topped forecasts by 28 cents, reporting net income of 85 cents per share against a mean estimate of profit of 57 cents per share.
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A Look Back: In the third quarter, the company swung to a loss of $8.4 million (28 cents a share) from a profit of $82.7 million ($1.63) a year earlier, but beat analyst expectations. Revenue fell 14% to $877.4 million from $1.02 billion.
Here’s how Unisys Corp traded following its last earnings report 3 months ago and leading up to its upcoming earnings report this week: