FICO to Announce Q1 Earnings on January 28
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 1h ago
0mins
Source: seekingalpha
- Earnings Announcement: FICO is set to release its Q1 earnings report on January 28 after market close, with an expected EPS of $7.08, reflecting a 22.3% year-over-year growth that indicates sustained profitability.
- Revenue Expectations: The revenue is projected to reach $501.93 million, representing a 14.1% year-over-year increase, showcasing strong market demand and sales performance that could further solidify the company's market position.
- Historical Performance Review: Over the past two years, FICO has beaten EPS estimates 75% of the time and revenue estimates 63% of the time, indicating stability and reliability in its financial performance.
- Estimate Revision Dynamics: In the last three months, EPS estimates have seen 7 upward and 7 downward revisions, while revenue estimates have also experienced 6 upward and 6 downward revisions, reflecting market divergence and uncertainty regarding the company's future performance.
Analyst Views on FICO
Wall Street analysts forecast FICO stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for FICO is 2070 USD with a low forecast of 1700 USD and a high forecast of 2400 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
11 Analyst Rating
8 Buy
3 Hold
0 Sell
Moderate Buy
Current: 1550.740
Low
1700
Averages
2070
High
2400
Current: 1550.740
Low
1700
Averages
2070
High
2400
About FICO
Fair Isaac Corporation is an applied analytics software company. The Company is focused on using predictive analytics and data science to improve operational decisions. The Company operates through two segments: Scores and Software. The Scores segment includes the Company's business-to-business scoring solutions and services which give its clients access to predictive credit and other scores. This segment includes its business-to-consumer scoring solutions, including its myFICO.com subscription offerings. The Company’s Software segment includes pre-configured analytic and decision management solutions designed for a specific type of business need or process, such as account origination, customer management, customer engagement, fraud detection and marketing as well as associated professional services. This segment includes FICO Platform, a modular software offering designed to support advanced analytic and decision use cases as well as stand-alone analytic and decisioning software.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
