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Unlocking Q4 Potential of SS&C Technologies (SSNC): Exploring Wall Street Estimates for Key Metrics
ZACKS· 2025-02-04 15:20
Core Insights - Wall Street analysts expect SS&C Technologies (SSNC) to report quarterly earnings of $1.32 per share, reflecting a year-over-year increase of 4.8% [1] - Revenue projections for SS&C Technologies stand at $1.48 billion, indicating a 5% increase from the previous year [1] - There have been no revisions in the consensus EPS estimate over the last 30 days, suggesting stability in analysts' forecasts [1] Revenue Estimates - Analysts predict 'Revenues- License, maintenance and related' to reach $261.89 million, a decrease of 1.6% from the prior-year quarter [4] - 'Revenues- Software-enabled services' are expected to be $1.22 billion, showing a year-over-year increase of 6.4% [4] - 'Adjusted Revenues- Software-enabled services' are also forecasted at $1.22 billion, reflecting a change of 6.3% from the previous year [4] - The average estimate for 'Adjusted Revenues- License, maintenance and related' is $272.04 million, indicating a 2.2% increase from the year-ago quarter [5] Stock Performance - Over the past month, SS&C Technologies shares have gained 7.7%, outperforming the Zacks S&P 500 composite, which increased by 1% [6] - SS&C Technologies holds a Zacks Rank 3 (Hold), suggesting that its performance is expected to align with the overall market in the near term [6]
SS&C Technologies Acquires FPS Trust
Prnewswire· 2025-02-03 14:00
Core Insights - SS&C Technologies Holdings, Inc. has acquired FPS Trust Company, enhancing its scalable benefit payment solutions for institutional clients [1][3] - FPS Trust specializes in high-volume beneficiary distributions, paying agent services, and tax processing solutions for institutional trustees and retirement plan administrators [2] - The acquisition will allow SS&C to strengthen its existing partnership with FPS Trust and expand its service offerings, particularly for wealth managers [3] Company Overview - SS&C Technologies is a global provider of services and software for the financial services and healthcare industries, founded in 1986 and headquartered in Windsor, Connecticut [5] - The company serves over 20,000 financial services and healthcare organizations, ranging from large corporations to small and mid-market firms [5] Industry Context - IPX Retirement, the seller of FPS Trust, is a leading provider of trust, custody, IRA, and recordkeeping services to the retirement plan industry, emphasizing a multi-vendor approach [4]
Global M&A Dealmakers Expect Active 2025: Sentiment Report
Prnewswire· 2025-01-23 14:00
SS&C survey of 400+ global M&A professionals signals bullish market sentiment WINDSOR, Conn., Jan. 23, 2025 /PRNewswire/ -- SS&C Technologies Holdings, Inc. (Nasdaq: SSNC) today announced the publication of the SS&C Intralinks 2025 Global M&A Dealmakers Sentiment Report. In association with Reuters, SS&C Intralinks surveyed 419 global M&A dealmakers from private equity firms, corporates advisory firms and investment banks to see where the market is heading. "With Wall Street banks reporting stronger earning ...
SS&C Intralinks Predicts M&A Deal Flow Resilience in Q1 2025
Prnewswire· 2025-01-16 15:50
WINDSOR, Conn., Jan. 16, 2025 /PRNewswire/ -- SS&C Technologies Holdings, Inc. (Nasdaq: SSNC) today announced Q1 2025 global and regional predictions from the SS&C Intralinks Deal Flow Predictor, a quarterly publication of future mergers and acquisitions (M&A) announcements. "The global mergers and acquisitions (M&A) market continues to navigate a landscape shaped by persistent economic challenges and opportunities," said Bob Petrocchi, co-head of SS&C Intralinks. "With the U.S. elections in the rearview mi ...
SS&C GlobeOp Hedge Fund Performance Index and Capital Movement Index
Prnewswire· 2025-01-15 14:05
SS&C GlobeOp Hedge Fund Performance Index: December performance -0.10Capital Movement Index:  January net flows decline 1.48%WINDSOR, Conn., Jan. 15, 2025 /PRNewswire/ -- SS&C Technologies Holdings, Inc. (Nasdaq: SSNC) today announced the gross return of the SS&C GlobeOp Hedge Fund Performance Index for December 2024 measured -0.10%.Hedge fund flows as measured by the SS&C GlobeOp Capital Movement Index declined 1.48% in January. SS&C GlobeOp Hedge Fund Performance Index SS&C GlobeOp Capital Movement ...
SS&C to Release Fourth Quarter and Full Year 2024 Earnings
Prnewswire· 2025-01-09 14:00
Core Viewpoint - SS&C Technologies Holdings, Inc. will announce its financial results for Q4 and the full year of 2024 on February 6, 2025, after market close, with a conference call scheduled for the same day to discuss the results and guidance for 2025 [1]. Group 1: Financial Results Announcement - The financial results for the fourth quarter and full year ended December 31, 2024, will be released on February 6, 2025 [2]. - The earnings conference call will take place at 5:00 p.m. Eastern Time on February 6, 2025 [1][2]. Group 2: Accessing Information - The earnings release will be available on PR Newswire and SS&C's website [2]. - A live webcast of the earnings conference call will be accessible in the Investor Relations section of SS&C's website, with a replay available afterward [3]. Group 3: Company Overview - SS&C Technologies is a global provider of financial services and healthcare software and software-enabled services, founded in 1986 and headquartered in Windsor, Connecticut [4]. - The company serves approximately 20,000 financial services and healthcare organizations, ranging from large corporations to small and mid-market firms [4].
SS&C Announces 2H2024 Updates for Alternatives SaaS Offerings
Prnewswire· 2024-12-26 14:00
Group 1: Company Overview - SS&C Technologies Holdings, Inc. is a global provider of services and software for the financial services and healthcare industries, founded in 1986 and headquartered in Windsor, Connecticut [3] - The company serves approximately 20,000 financial services and healthcare organizations, ranging from the largest companies to small and mid-market firms, relying on SS&C for expertise, scale, and technology [3] Group 2: Recent Developments - SS&C announced new SaaS releases covering alternative investment managers, including enhancements to platforms such as Geneva, OEMS, and Eclipse [4] - The latest release of SS&C Geneva® introduces enhancements for credit, derivatives, and legal entity and investor accounting, including a new Loan Servicing Workspace and an Investor Fee Builder [1][4] Group 3: Product Enhancements - Expanded fixed income trading capabilities include connectivity to platforms like Tradeweb and Bloomberg, improved swap management, and native support for MBS, ABS, and CDS [2] - New features include simplified trading workflows, faster order routing with up to 20 quick-send buttons, and an expanded Eze Marketplace for risk management and data analytics [2] - Additional enhancements focus on swap financing, separate PIK schedules for credit contracts, managed migrations for seamless upgrades, and improvements in system performance [5][6]
PRINCIPAL REAL ESTATE INCOME FUND CONTINUES SHARE REPURCHASE PROGRAM
Prnewswire· 2024-12-18 21:43
Core Viewpoint - The Principal Real Estate Income Fund has approved a share repurchase program aimed at enhancing shareholder value by purchasing up to approximately 2.1% of its outstanding common shares from January 21, 2025, to January 21, 2026 [1][2]. Group 1: Share Repurchase Program - The Fund's share repurchase program allows it to acquire shares in the open market at a discount to the net asset value (NAV), which is expected to increase the NAV and benefit remaining shareholders [2]. - The program will be implemented on a discretionary basis under the direction of ALPS Advisors, Inc., with no assurance of specific discount levels or amounts for share purchases [3]. Group 2: Strategic Goals - The Board and the Advisor are continuously analyzing options to enhance shareholder value and reduce the discount between the market price of the Fund's shares and the NAV [2]. - The repurchase program is part of a broader strategy to provide additional liquidity in the trading of the Fund's shares while benefiting existing shareholders [2]. Group 3: Fund Management - ALPS Advisors, Inc. serves as the investment adviser to the Fund, while Principal Real Estate Investors LLC acts as the investment sub-adviser [9]. - As of September 30, 2024, Principal Real Estate Investors manages or sub-advises $102 billion in commercial real estate assets, indicating a strong management background [13].
SS&C: Significant Upside For This Undervalued Stock
Seeking Alpha· 2024-12-18 15:24
Core Insights - Seeking Alpha welcomes Emmanuel Onwusah as a new contributing analyst, encouraging others to share investment ideas for publication and potential earnings [1] Group 1 - The analyst has a strong foundation in financial modeling, valuation, and data analysis, holding FMVA and BIDA certifications from the Corporate Finance Institute in Canada [2] - The analyst expresses a fascination with markets and emphasizes the stock market as a significant tool for wealth growth, combining financial data with qualitative analysis to evaluate companies and sectors critically [2] - The focus areas include technology, infrastructure, and internet services sectors, targeting companies with strong fundamentals and growth potential [2] Group 2 - The analyst aims to build a community and share insights on tech, healthcare, and finance stocks, with a commitment to providing value to long-term investors [2]
SS&C to Present at Abu Dhabi Finance Week
Prnewswire· 2024-12-05 10:00
WINDSOR, Conn., Dec. 5, 2024 /PRNewswire/ -- SS&C Technologies Holdings, Inc. (Nasdaq: SSNC), a global provider of software and software-enabled services for the financial services and healthcare industries, today announced that Bill Stone, Chairman and CEO, will present at Abu Dhabi Finance Week. The event, which takes place on Al Maryah Island in Abu Dhabi Dec. 9-12, is expected to draw more than 18,000 finance professionals from more than 100 countries.Bill Stone will join Aron Landy, CEO of Brevan Howar ...