SS&C Technologies revised Q4 EPS guidance to $1.29-$1.35, below consensus, and announced a $1B stock buyback and $0.25 quarterly dividend.

SS&C Technologies revised its Q4 earnings guidance to an EPS range of $1.29-$1.35, below the consensus of $1.36, while providing FY 2024 EPS guidance of $5.12-$5.18. Revenue expectations for Q4 are set at $1.46-$1.50 billion. Analysts from several firms upgraded their price targets and rated the stock as a "buy." The company announced a $1.00 billion stock buyback and declared a quarterly dividend of $0.25 per share.

October 24, 2024
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