Unisys (NYSE:UIS) Releases Earnings Results, Beats Estimates By $0.53 EPS

Key Points

• Unisys reported earnings of $0.19 per share, significantly beating analysts' estimates by $0.53, which were previously predicted at a loss of ($0.34).
• The company has a negative net margin of 3.76% and a negative return on equity of 11.93% for the quarter.
• Unisys stock traded down to $4.07, and was recently downgraded from a "buy" to a "hold" rating by Wall Street Zen.

Unisys (NYSE:UIS - Get Free Report) announced its quarterly earnings results on Wednesday. The information technology services provider reported $0.19 EPS for the quarter, beating the consensus estimate of ($0.34) by $0.53, Zacks reports. The business had revenue of $483.30 million during the quarter, compared to analysts' expectations of $444.65 million. Unisys had a negative return on equity of 12.55% and a negative net margin of 4.16%. During the same quarter in the previous year, the business posted $0.16 EPS. Unisys updated its FY 2025 guidance to EPS.

Unisys Stock Down 5.1%

Shares of NYSE UIS traded down $0.21 during midday trading on Friday, hitting $3.92. 1,083,725 shares of the company's stock were exchanged, compared to its average volume of 516,232. The firm has a market capitalization of $278.58 million, a PE ratio of -3.32, a price-to-earnings-growth ratio of 0.47 and a beta of 1.31. The company's 50 day moving average price is $4.43 and its 200 day moving average price is $4.82. Unisys has a 12 month low of $3.32 and a 12 month high of $8.93.

Analyst Upgrades and Downgrades

Separately, Wall Street Zen upgraded Unisys from a "hold" rating to a "buy" rating in a research note on Saturday.

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.