SS&C Technologies Holdings Inc
SSNC: XNAS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| $83.00 | Pngnzp | Fpdtqckrdf |
SS&C Earnings: Software Businesses Seeing Some Air Pockets but Company Is Seeing Margin Progress
/s3.amazonaws.com/arc-authors/morningstar/5fe9ddf2-0963-4604-b5ab-86494761b179.jpg)
SS&C reported a third quarter that was a tad soft on revenue. Revenues, adjusted EBITDA, and adjusted EPS of $1.37 billion, $534 million, $1.17, respectively, compared with the FactSet consensus estimates of $1.38 billion, $532 million, and $1.18. Overall, there was little in the firm's third-quarter earnings release that would alter our long-term view of the firm, and we will maintain our narrow moat rating and fair value estimate of $75 per share.