Unisys (NYSE:UIS - Get Free Report) posted its quarterly earnings data on Tuesday. The information technology services provider reported ($0.08) earnings per share for the quarter, missing analysts' consensus estimates of $0.13 by ($0.21), Briefing.com reports. Unisys had a negative return on equity of 24.50% and a negative net margin of 18.95%. The company had revenue of $497.00 million for the quarter, compared to analysts' expectations of $486.50 million. During the same period in the previous year, the business posted ($0.33) EPS. The business's revenue for the quarter was up 7.0% on a year-over-year basis. Unisys updated its FY 2024 guidance to EPS.
Unisys Stock Up 33.6 %
UIS traded up $1.81 on Wednesday, reaching $7.19. The company's stock had a trading volume of 3,171,691 shares, compared to its average volume of 584,828. The company has a market capitalization of $497.76 million, a price-to-earnings ratio of -1.21, a P/E/G ratio of 1.79 and a beta of 0.78. Unisys has a fifty-two week low of $2.60 and a fifty-two week high of $8.12. The stock has a 50 day moving average of $5.79 and a two-hundred day moving average of $5.06.
Analyst Ratings Changes
Separately, StockNews.com upgraded shares of Unisys from a "hold" rating to a "buy" rating in a report on Friday, October 25th.
Read Our Latest Stock Analysis on Unisys
About Unisys
(
Get Free Report)
Unisys Corporation, together with its subsidiaries, operates as an information technology solutions company in the United States and internationally. It operates in three segments: Digital Workplace Solutions (DWS); Cloud, Applications & Infrastructure Solutions (CA&I); and Enterprise Computing Solutions.
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