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Compared to Estimates, SS&C Technologies (SSNC) Q4 Earnings: A Look at Key Metrics
SSNCSS&C(SSNC) ZACKS·2025-02-07 00:01

Core Insights - SS&C Technologies reported revenue of 1.53billionforthequarterendedDecember2024,reflectingan8.41.53 billion for the quarter ended December 2024, reflecting an 8.4% increase year-over-year [1] - The company's EPS was 1.58, up from 1.26inthesamequarterlastyear,exceedingtheconsensusestimateof1.26 in the same quarter last year, exceeding the consensus estimate of 1.32 by 19.70% [1] - The reported revenue surpassed the Zacks Consensus Estimate of 1.48billion,resultinginasurpriseof3.181.48 billion, resulting in a surprise of 3.18% [1] Revenue Breakdown - License, maintenance, and related revenues were 275.70 million, exceeding the average estimate of 261.46millionbyanalysts,representingayearoveryearincreaseof3.6261.46 million by analysts, representing a year-over-year increase of 3.6% [4] - Software-enabled services revenues reached 1.25 billion, surpassing the average estimate of 1.22billion,markinga9.51.22 billion, marking a 9.5% increase compared to the previous year [4] - Adjusted revenues for software-enabled services also stood at 1.25 billion, consistent with the previous figure and reflecting a 9.5% year-over-year change [4] - Adjusted revenues for license, maintenance, and related services were 275.80million,exceedingthetwoanalystaverageestimateof275.80 million, exceeding the two-analyst average estimate of 272.04 million, indicating a 3.7% increase year-over-year [4] Stock Performance - SS&C Technologies' shares have returned 7.6% over the past month, outperforming the Zacks S&P 500 composite's 2.1% change [3] - The stock currently holds a Zacks Rank 4 (Sell), suggesting potential underperformance relative to the broader market in the near term [3]