Equities research analysts expect that Fair Isaac Co. (NYSE:FICO) will post $244.21 million in sales for the current quarter, Zacks Investment Research reports. Two analysts have provided estimates for Fair Isaac’s earnings. The lowest sales estimate is $242.40 million and the highest is $246.02 million. Fair Isaac reported sales of $228.38 million in the same quarter last year, which indicates a positive year over year growth rate of 6.9%. The firm is scheduled to announce its next quarterly earnings results on Thursday, April 26th.
According to Zacks, analysts expect that Fair Isaac will report full year sales of $244.21 million for the current financial year, with estimates ranging from $990.00 million to $996.32 million. For the next fiscal year, analysts expect that the business will report sales of $1.05 billion per share, with estimates ranging from $1.05 billion to $1.06 billion. Zacks Investment Research’s sales calculations are an average based on a survey of sell-side research firms that follow Fair Isaac.
Fair Isaac (NYSE:FICO) last announced its earnings results on Thursday, January 25th. The technology company reported $1.30 EPS for the quarter, topping the consensus estimate of $0.71 by $0.59. The firm had revenue of $235.30 million for the quarter, compared to the consensus estimate of $235.04 million. Fair Isaac had a net margin of 12.41% and a return on equity of 30.96%. The business’s quarterly revenue was up 7.1% on a year-over-year basis. During the same quarter last year, the firm posted $1.03 EPS.
Large investors have recently bought and sold shares of the company. Amundi Pioneer Asset Management Inc. bought a new position in shares of Fair Isaac during the 4th quarter worth about $103,000. We Are One Seven LLC bought a new position in shares of Fair Isaac during the 4th quarter worth about $130,000. Schaper Benz & Wise Investment Counsel Inc. WI bought a new position in shares of Fair Isaac during the 4th quarter worth about $212,000. First Republic Investment Management Inc. bought a new position in shares of Fair Isaac during the 4th quarter worth about $233,000. Finally, Trexquant Investment LP bought a new position in shares of Fair Isaac during the 3rd quarter worth about $221,000. Institutional investors own 87.21% of the company’s stock.
Fair Isaac (NYSE:FICO) opened at $177.14 on Tuesday. The company has a market cap of $5,330.00, a price-to-earnings ratio of 46.25, a P/E/G ratio of 4.11 and a beta of 1.28. Fair Isaac has a twelve month low of $124.59 and a twelve month high of $179.58. The company has a quick ratio of 0.85, a current ratio of 0.85 and a debt-to-equity ratio of 1.20.
ILLEGAL ACTIVITY NOTICE: This report was originally published by Sports Perspectives and is the sole property of of Sports Perspectives. If you are reading this report on another domain, it was illegally stolen and republished in violation of international copyright & trademark laws. The legal version of this report can be viewed at https://sportsperspectives.com/2018/03/13/fair-isaac-co-fico-expected-to-announce-quarterly-sales-of-244-21-million.html.
Fair Isaac Company Profile
Fair Isaac Corporation (FICO) is a provider of analytic, software and data management products and services that enable businesses to automate and connect decisions. The Company operates through three segments: Applications, Scores and Decision Management Software. The Applications segment includes pre-configured decision management applications designed for a specific type of business problem or process, such as marketing, account origination, customer management, fraud, collections and insurance claims management.
For more information about research offerings from Zacks Investment Research, visit Zacks.com
Receive News & Ratings for Fair Isaac Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Fair Isaac and related companies with MarketBeat.com's FREE daily email newsletter.