Fair Isaac (FICO) fascinating Earnings and Revenue Estimates will lure investors

The quarterly revenue of Fair Isaac (FICO) amounted to $3.25 per share, up from a Zacks Consensus prediction of $2.26 per share. This compares with a year ago ‘s earnings of $2.01 per share. For non-recurring products, these statistics are adjusted.

These financial earnings mark a 43.81 percent surprise. In the last quarter,   this financial services firm was forecast to report profits of 2.04 dollars per share as it generated sales of 2.58 dollars, offering a surprise of 26.47%.

The business has exceeded consensus EPS expectations three times over the last four quarters.

For the quarter ended September 2020, Fair Isaac, posted sales of $374.36 million, besting the analyst estimates by 18.22%. This contrasts with $305.34 million in year-ago sales. Over the last four quarters, the firm has topped consensus sales forecasts four times.

Based on the recently published figures and potential sales forecasts, the sustainability of the immediate price movement would depend largely on the management’s comments on the earnings call.

From the beginning of the year, Fair Isaac shares have risen by about 14.9 percent versus 9.9 percent in the S&P 500.

Although Fair Isaac has been outstanding in this year’s market, the key question still is its performance in the future?  

This critical question is not answered easily, but the company’s profit forecast is one useful measure that can allow readers to address this. This explores not only existing expectations for consensus results for the upcoming year, and also how these forecasts have adjusted in recent results.

It will be fascinating to see if forecasts will adjust in the next few days for the next four quarters and the current fiscal year. The EPS consensus current forecasts for the upcoming quarter are $2.39, sales of $316.41 million and revenue of $10.42, and revenue of $1.32 billion for this fiscal year.