FICO(US:FICO) ZACKSยท2024-11-01 14:20Core 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]