Fair Isaac Corporation stock has seen extraordinary growth, up ~19500% since March 2009 and ~1000% since January 2019. FICO's score business segment boasts stable 88-90% operating margins, a true marvel of the investment world. FICO is the highest quality business that I have come across in the market, but the market recognizes that. The stock is being given a huge premium.
STOCK MOVES UP 1.0% AFTER POWER INFLOW AT 10:19 AM EDT
Fair Isaac's shares are driven by strong platform adoption and expanding clientele despite inflation and stiff competition.
Fair Isaac (FICO) reported earnings 30 days ago. What's next for the stock?
Shares of Fair Isaac Corp. (FICO), the financial analytics firm known for its credit scores, receded from an all-time high, tumbling 4.2% to log the weakest daily performance of any stock in the S&P 500.
FICO score provider Fair Isaac reached a new high on Friday. Shares have gained 50% so far this year.
Fair Isaac's (FICO) third-quarter fiscal 2024 results benefit from higher revenues from mortgage originations.
Fair Isaac Corporation (NYSE:FICO ) Q3 2024 Earnings Conference Call July 31, 2024 5:00 PM ET Company Participants Dave Singleton - Vice President, Investor Relations Will Lansing - Chief Executive Officer Steve Weber - Chief Financial Officer Conference Call Participants Faiza Alwy - Deutsche Bank Surinder Thind - Jefferies Scott Wurtzel - Wolfe Research Kyle Peterson - Needham George Tong - Goldman Sachs Ashish Sabadra - RBC Simon Clinch - Redburn Atlantic Jeff Meuler - Baird Manav Patnaik - Barclays Operator Good day, ladies and gentlemen, and thank you for standing by. Welcome to the Third Quarter 2024 FICO Earnings Conference Call.
Revenue of $447.8 million grew 12.3% year over year. Adjusted EPS rose 10.4% year over year to $6.25.
While the top- and bottom-line numbers for Fair Isaac (FICO) give a sense of how the business performed in the quarter ended June 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Fair Isaac (FICO) came out with quarterly earnings of $6.25 per share, missing the Zacks Consensus Estimate of $6.37 per share. This compares to earnings of $5.66 per share a year ago.
Fair Isaac's (FICO) third-quarter fiscal 2024 performance is likely to have benefited from strong momentum in its scores and software business.