SS&C Technologies’ first quarter results were met with a negative market reaction, despite the company surpassing Wall Street’s revenue and profit expectations. Management pointed to strong performances in its GlobeOp wealth and investment technology segments, as well as growth in international markets like Australia and the Middle East. CEO Bill Stone highlighted robust demand for the company’s global investor and distribution services, while President Rahul Kanwar cited continued momentum in private markets and healthy recurring revenue growth. Management acknowledged that macroeconomic and geopolitical uncertainty influenced customer decision-making and contributed to a cautious outlook for the near term.
The Benzinga Stock Whisper Index highlights five stocks that saw increased interest from readers during the week and a look at the catalysts and reasons why.
Stability is great, but low-volatility stocks may struggle to deliver market-beating returns over time as they sometimes underperform during bull markets.
Business services providers play a critical role for enterprises, assisting them with everything from new hardware integrations to consulting and marketing. But increasing competition from AI-driven upstarts has tempered enthusiasm,
and over the past six months, the industry has pulled back by 10.3%. This drop was worse than the S&P 500’s 2.4% decline.
SS&C Technologies (SSNC) shows strong technicals with a high setup rating, suggesting a potential breakout. The stock has solid support and institutional interest, making it a candidate for technical traders.
Value investing has created more billionaires than any other strategy, like Warren Buffett, who built his fortune by purchasing wonderful businesses at reasonable prices.
But these hidden gems are few and far between - many stocks that appear cheap often stay that way because they face structural issues.
In a sliding market, SS&C has defied the odds, trading up to $79.87 per share. Its 6.7% gain since November 2024 has outpaced the S&P 500’s 2.4% drop. This performance may have investors wondering how to approach the situation.
Financial software provider SS&C Technologies (NASDAQ:SSNC) reported Q1 CY2025 results beating Wall Street’s revenue expectations, with sales up 5.4% year on year to $1.51 billion. The company expects next quarter’s revenue to be around $1.51 billion, close to analysts’ estimates. Its non-GAAP profit of $1.44 per share was 2.2% above analysts’ consensus estimates.
Looking back on data & business process services stocks’ Q1 earnings, we examine this quarter’s best and worst performers, including SS&C (NASDAQ:SSNC) and its peers.
Wall Street has set ambitious price targets for the stocks in this article.
While this suggests attractive upside potential, it’s important to remain skeptical because analysts face institutional pressures that can sometimes lead to overly optimistic forecasts.
Payroll and HR services provider Automatic Data Processing (NASDAQ:ADP) will be reporting earnings tomorrow before market hours. Here’s what you need to know.
Financial software provider SS&C Technologies (NASDAQ:SSNC) reported Q1 CY2025 results beating Wall Street’s revenue expectations, with sales up 5.4% year on year to $1.51 billion. On the other hand, next quarter’s revenue guidance of $1.51 billion was less impressive, coming in 1.4% below analysts’ estimates. Its non-GAAP profit of $1.44 per share was 2.4% above analysts’ consensus estimates.
