Last quarter Unisys (NYSE:UIS) beat estimates by 25 cents per share and it is up again on Tuesday, July 24, 2012.
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Analysts currently expect Unisys to come in with earnings of 48 cents per share on revenues of $912.4 million. Analyst estimates range from 45 cents per share to 51 cents per share. Over the past three months, the average estimate has moved down from 51 cents.
Recently, the stock price has been rising Since July 12, 2012 business days the stock has risen 80 cents per share. Looking at change over the last three months, from April 23, 2012 and July 18, 2012, the stock price is up $1.44 (8.7%), from $16.48 to $17.92.
Analysts think investors should stand pat on Unisys with two of three analysts rating it hold. Analyst sentiment has been waning recently, as the average rating has dropped slightly over the past three months.
Last Quarter's Results
In the first quarter, the company swung to a profit of $17.4 million (30 cents a share) from a loss of $39.4 million (95 cents) a year earlier, beating analyst estimates. Revenue rose 1.9% to $928.4 million from $911.2 million.
Reporting Period: 2Q
Date of Release: Tuesday, July 24, 2012
EPS: 48 cents
Revenue Estimate: $912.4 million
(Company fundamentals by Xignite Financials. Earnings estimates provided by Zacks)