SS&C Technologies reported second-quarter adjusted earnings of $1.76 per share, surpassing the Zacks Consensus Estimate of $1.68 per share and marking a 4.76% earnings surprise. Revenue came in at $1.7 billion, exceeding the consensus estimate by 2.09% and up from $1.54 billion a year earlier. The company has now beaten consensus EPS and revenue estimates in each of the last four quarters. Despite the beat, SS&C shares have fallen about 23.3% year-to-date, underperforming the S&P 500's 9.6% gain. The current Zacks Rank for the stock is #4 (Sell), reflecting an unfavorable estimate revision trend ahead of the release.
SS&C Technologies Holdings IncQ2 earnings and revenue beat estimates
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