Unisys (UIS) Scheduled to Post Earnings on Tuesday

Unisys (NYSE:UIS) is scheduled to issue its quarterly earnings data after the market closes on Tuesday, October 29th. Analysts expect the company to announce earnings of ($0.04) per share for the quarter. Individual interested in listening to the company’s earnings conference call can do so using this link.

Unisys (NYSE:UIS) last issued its quarterly earnings results on Monday, August 5th. The information technology services provider reported $0.16 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.01) by $0.17. The company had revenue of $478.20 million for the quarter, compared to the consensus estimate of $485.93 million. Unisys had a negative return on equity of 24.50% and a negative net margin of 18.95%. Unisys’s revenue for the quarter was up .3% on a year-over-year basis. During the same quarter in the prior year, the business posted ($0.09) earnings per share. On average, analysts expect Unisys to post $0 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Unisys Price Performance

Unisys stock opened at $5.65 on Friday. Unisys has a 12 month low of $2.60 and a 12 month high of $8.12. The stock has a market capitalization of $391.14 million, a PE ratio of -0.95, a price-to-earnings-growth ratio of 1.79 and a beta of 0.78. The business has a 50 day simple moving average of $5.76 and a 200-day simple moving average of $5.05.

Analysts Set New Price Targets

Separately, StockNews.com raised shares of Unisys from a “hold” rating to a “buy” rating in a report on Friday.

About Unisys

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.