What to Expect From Fair Isaac Corporation’s Q3 Results?
<p>RBC Capital analysts provided their outlook on <a href='https://financialmodelingprep.com/financial-summary/FICO'> Fair Isaac Corporation (NYSE:FICO) </a> ahead of the upcoming Q3 earnings report, expecting a modest beat and guidance reiteration. </p>
<p>However, the analysts mentioned that the slowdown in consumer lending and mortgage weakness could weigh on B2B Score revenues in 2023 while B2C scores could be impacted by a slowdown in marketing and the indirect impact of weak mortgages. </p>
<p>The analysts expect Q3 revenue to increase 1.9% year-over-year to $345 million, slightly above the Street estimate of $343 million. EPS is estimated to be $4.15, compared to the Street estimate of $3.95 largely due to accelerated share repurchases. </p>
<p>According to the analysts, software revenue growth could be impacted by a slowdown in account growth, weak license sales, and tough comparisons. The analysts reiterated their sector perform rating and $463 price target on the company’s shares. </p>
NYSE:FICO