ACI Worldwide, Inc. Exceeded Expectations And The Consensus Has Updated Its Estimates
It's been a pretty great week for ACI Worldwide, Inc. (NASDAQ:ACIW) shareholders, with its shares surging 13% to US$57.35 in the week since its latest annual results. Revenues were US$1.6b, approximately in line with whatthe analysts expected, although statutory earnings per share (EPS) crushed expectations, coming in at US$1.91, an impressive 23% ahead of estimates. The analysts typically update their forecasts at each earnings report, and we can judge from their estimates whether their view of the company has changed or if there are any new concerns to be aware of.
- This surge in EPS suggests that ACI Worldwide's operational efficiency and cost management have improved significantly, potentially indicating a more robust business model than previously thought.
- How will this acceleration in growth rate impact the company's ability to sustain its market leadership position in the coming years, particularly if the industry average growth rate increases further?