Amdocs Ltd (DOX) announced earnings for fourth quarter that decreased from last year in line with the Street estimates.
The company's earnings came in at $86.4 million, or $0.76 per share. This compares with $102.01 million, or $0.86 per share, in last year's fourth quarter.
Excluding items, Amdocs Ltd reported adjusted earnings of $194.9 million or $1.70 per share for the period.
Analysts on average had expected the company to earn $1.7 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.
The company's revenue for the quarter rose 1.7% to $1.264 billion from $1.243 billion last year.
Amdocs Ltd earnings at a glance (GAAP) :
-Earnings (Q4): $86.4 Mln. vs. $102.01 Mln. last year.-EPS (Q4): $0.76 vs. $0.86 last year.-Revenue (Q4): $1.264 Bln vs. $1.243 Bln last year.
-Guidance:Next quarter EPS guidance: $1.61-$1.67Next quarter revenue guidance: $1.095-$1.135 Bln
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