UIS Stock Ahead of Q3 Earnings Report: To Buy or Not to Buy?

Unisys Corporation (UIS) is set to release its third-quarter 2024 results on Oct. 29.For the third quarter of 2024, Unisys expects revenues to grow mid-to-high single digits on a constant currency year-over-year basis, which equates to roughly between $485 million and $490 million.The Zacks Consensus Estimate for revenues is pegged at $489 million, suggesting growth of 5.25% year over year. The consensus estimate for third-quarter loss is pegged at 4 cents per share, unchanged over the past 60 days.UIS’ ear ...