ACI Worldwide (ACIW) Q3 Earnings and Revenues Surpass Estimates

Core Insights - ACI Worldwide reported quarterly earnings of $0.97 per share, exceeding the Zacks Consensus Estimate of $0.60 per share, and showing a significant increase from $0.52 per share a year ago, resulting in an earnings surprise of 61.67% [1] - The company achieved revenues of $451.75 million for the quarter ended September 2024, surpassing the Zacks Consensus Estimate by 11.60% and up from $363.02 million year-over-year [2] - ACI Worldwide's stock has increased approximately 77.8% year-to-date, significantly outperforming the S&P 500's gain of 24.3% [3] Earnings Outlook - The current consensus EPS estimate for the upcoming quarter is $1.10 on revenues of $482.05 million, and for the current fiscal year, it is $2.27 on revenues of $1.58 billion [7] - The estimate revisions trend for ACI Worldwide is mixed, leading to a Zacks Rank 3 (Hold), indicating expected performance in line with the market in the near future [6] Industry Context - The Computer - Software industry, to which ACI Worldwide belongs, is currently ranked in the top 22% of over 250 Zacks industries, suggesting a favorable outlook compared to lower-ranked industries [8]