Fair Isaac Corp. (FICO) has announced its third-quarter earnings, which showed a decline compared to the same period last year and fell short of Wall Street expectations.
The company reported earnings of $126.3 million, or $5.05 per share, down from $128.8 million, or $5.08 per share, recorded in the third quarter of the previous year.
On an adjusted basis, Fair Isaac Corp. posted earnings of $156.4 million, or $6.25 per share, for the period. This figure is slightly below the average analyst estimate of $6.32 per share, as compiled by Thomson Reuters. Analysts' projections generally exclude special items.
Revenue for the quarter increased by 12.3%, reaching $447.849 million, up from $398.688 million in the corresponding quarter last year.
Summary of Fair Isaac Corp.'s earnings (GAAP):
- Earnings (Q3): $126.3 million, compared to $128.8 million last year.
- EPS (Q3): $5.05 versus $5.08 last year.
- Revenue (Q3): $447.849 million, up from $398.688 million last year.
### Guidance
- Full-year EPS guidance: $19.90
- Full-year revenue guidance: $1.7 billion