Fair Isaac (FICO) reported fourth-quarter fiscal 2024 earnings of $6.54 per share, which missed the Zacks Consensus Estimate by 0.91% but rose 30.5% year over year.Find the latest EPS estimates and surprises on Zacks Earnings Calendar.Revenues of $454 million increased 16.4% on a year-over-year basis but lagged the consensus mark by 0.21%. Americas, EMEA and Asia Pacific contributed 85%, 10% and 5% to total revenues, respectively.FICO raised its FY25 guidance following the robust fiscal fourth-quarter perfo ...

Fair Isaac (FICO) reported $453.81 million in revenue for the quarter ended September 2024, representing a year-over-year increase of 16.4%. EPS of $6.54 for the same period compares to $5.01 a year ago.The reported revenue represents a surprise of -0.21% over the Zacks Consensus Estimate of $454.78 million. With the consensus EPS estimate being $6.60, the EPS surprise was -0.91%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall ...

Fair Isaac (FICO) came out with quarterly earnings of $6.54 per share, missing the Zacks Consensus Estimate of $6.60 per share. This compares to earnings of $5.01 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -0.91%. A quarter ago, it was expected that this financial services company would post earnings of $6.37 per share when it actually produced earnings of $6.25, delivering a surprise of -1.88%.Over the last four quarters ...

Fair Isaac (FICO) is set to report its fourth-quarter fiscal 2024 results on Nov. 6.The Zacks Consensus Estimate for fourth-quarter fiscal 2024 revenues is pegged at $454.78 million, suggesting an increase of 16.69% from the year-ago quarter’s reported figure.The consensus mark for earnings is pegged at $6.60 per share, up 2% over the past 30 days, indicating 31.74% year-over-year growth.The company’s earnings missed the Zack’s Consensus Estimate in three of the trailing four quarters while beating the same ...

Core Insights - Fair Isaac (FICO) is expected to report quarterly earnings of $6.60 per share, reflecting a year-over-year increase of 31.7% [1] - Anticipated revenues are projected to be $454.78 million, showing a 16.7% increase compared to the same quarter last year [1] Earnings Projections - The consensus EPS estimate has been revised downward by 1.6% over the past 30 days, indicating a collective reassessment by analysts [2] - Changes in earnings projections are crucial for predicting investor reactions, with empirical studies showing a strong correlation between earnings estimate trends and short-term stock price movements [3] Revenue Estimates - Analysts predict 'Revenues- On-premises and SaaS software' will reach $184.81 million, a year-over-year change of +9.4% [5] - 'Revenues- Scores' are expected to be $248.99 million, indicating a year-over-year increase of +27.3% [5] - 'Revenues- Professional Services' are projected to be $23.11 million, reflecting a year-over-year decline of -8.3% [5] Market Performance - Over the past month, Fair Isaac shares have returned +3%, while the Zacks S&P 500 composite has seen a -1% change [6] - FICO currently holds a Zacks Rank 2 (Buy), suggesting potential outperformance in the near future [6]

Group 1 - Fair Isaac (FICO) is a notable stock in the Computer and Technology sector, which consists of 619 individual stocks and holds a Zacks Sector Rank of 3 [2] - FICO currently has a Zacks Rank of 2 (Buy), indicating a positive outlook based on earnings estimates and revisions, with a 0.3% increase in the consensus estimate for full-year earnings over the past three months [3] - Year-to-date, FICO has increased by 72.4%, significantly outperforming the average sector return of 27.9% [4] Group 2 - Fair Isaac is part of the Computers - IT Services industry, which includes 40 companies and is currently ranked 46 in the Zacks Industry Rank, with an average gain of 7.9% this year [5] - Advantest Corp. is another stock in the Computer and Technology sector that has outperformed, with a year-to-date increase of 80.1% and a Zacks Rank of 2 (Buy) [4][5] - The Electronics - Measuring Instruments industry, which includes Advantest Corp., has underperformed with a year-to-date decline of -3.9% [6]

Company Overview - Fair Isaac (FICO) currently has a Momentum Style Score of B, indicating a positive outlook based on its price changes and earnings estimate revisions [3][10] - The company has a Zacks Rank of 2 (Buy), which suggests it is expected to outperform the market [4][10] Performance Metrics - FICO shares have increased by 1.34% over the past week, while the Zacks Computers - IT Services industry has decreased by 2.66% during the same period [6] - Over the past month, FICO's price change is 5.54%, compared to the industry's 1.63% [6] - In the last quarter, FICO shares have risen by 22.17%, and over the past year, they have gained 139.03%, significantly outperforming the S&P 500, which increased by 7.12% and 43.49% respectively [7] Trading Volume - FICO's average 20-day trading volume is 148,054 shares, which serves as a bullish indicator when combined with rising stock prices [8] Earnings Outlook - In the past two months, two earnings estimates for FICO have been revised upwards, while none have been lowered, leading to an increase in the consensus estimate from $23.62 to $23.79 [10] - For the next fiscal year, two estimates have also moved upwards with no downward revisions [10]

Core Viewpoint - The article highlights the investment potential in Fair Isaac Corporation (FICO), emphasizing its strong financial performance and growth prospects despite its high price-to-earnings (P/E) ratio compared to other tech stocks like Nvidia [1][5][6]. Company Overview - Fair Isaac developed the FICO score, a key credit scoring product used by nearly all U.S. lenders, with scores above 670 considered good and above 800 exceptional [2]. - The company generated nearly $594 million in operating income over the last nine months, achieving an impressive 89% operating margin [3]. Financial Performance - Fair Isaac's software-as-a-service (SaaS) business, which leverages data and AI, has clients in over 100 countries and reported a 32% operating margin [4]. - Analysts predict that Fair Isaac may increase its mortgage credit score fees from $3.50 to $5 in 2025, potentially raising revenue by $200 million, or 11% [3]. Growth Strategy - The company aims to enhance client engagement by consolidating its software solutions onto a single platform, which is expected to improve sales efficiency and operating margins [5]. - Fair Isaac has delivered remarkable returns, with a 78% increase this year and 568% over the last five years, leading to heightened investor interest [5]. Valuation Considerations - Despite a high P/E ratio of 106, Fair Isaac's combination of a legacy business and a growing SaaS and AI segment positions it well for future growth [6]. - The potential for increased revenue from higher fees for FICO scores could positively impact the company's bottom line and reduce the elevated P/E ratio over time [6]. Investment Outlook - There is a favorable view on initiating a position in Fair Isaac, as it is considered one of the best-performing companies in the S&P 500 from an operational standpoint [7].

Core Viewpoint - Investors are increasingly seeking growth stocks that demonstrate above-average growth potential, with Fair Isaac (FICO) identified as a strong candidate due to its favorable growth metrics and Zacks Rank [1] Group 1: Earnings Growth - Fair Isaac has a historical EPS growth rate of 26.1%, with projected EPS growth of 25.2% for the current year, significantly outperforming the industry average of 6.7% [3] Group 2: Cash Flow Growth - The year-over-year cash flow growth for Fair Isaac stands at 5.4%, which is notably higher than the industry average of -14%. The company's annualized cash flow growth rate over the past 3-5 years is 20.3%, compared to the industry average of 7.5% [4] Group 3: Earnings Estimate Revisions - There has been a positive trend in earnings estimate revisions for Fair Isaac, with the Zacks Consensus Estimate for the current year increasing by 0.3% over the past month. This trend contributes to its Zacks Rank of 2 and a Growth Score of B [5]

Fair Issac's (FICO) shares have outperformed the Zacks Computer & Technology sector and Zacks IT Services industry peers Infosys (INFY) and ServiceNow (NOW) in the year-to-date period. While FICO has surged 74.5%, Infosys has risen 24.7% and ServiceNow has gained 32.8%. The broader sector has appreciated 25.5% over the same timeframe. The robust stock price performance can be attributed to the strong performance in its Scores and Software segments which led to significant growth in its clientele and driven ...