Unisys (UIS) Set to Announce Quarterly Earnings on Tuesday

Unisys (NYSE:UIS) will announce its earnings results after the market closes on Tuesday, October 29th. Analysts expect the company to announce earnings of ($0.04) per share for the quarter. Individual that wish to listen to the company’s earnings conference call can do so using this link.

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

Unisys Stock Up 4.6 %

UIS stock opened at $5.65 on Monday. The company has a fifty day simple moving average of $5.76 and a two-hundred day simple moving average of $5.04. Unisys has a 52 week low of $2.60 and a 52 week high of $8.12. The firm has a market capitalization of $391.14 million, a P/E ratio of -0.95, a price-to-earnings-growth ratio of 1.79 and a beta of 0.78.

Analyst Upgrades and Downgrades

Separately, StockNews.com upgraded Unisys from a “hold” rating to a “buy” rating in a research report on Friday.

Unisys Company Profile

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.