Ebix Earnings Preview
Watch Ebix's (NAS: EBIX) earnings report to see if it can beat analyst expectations for the fifth consecutive quarter. The company will unveil its latest earnings Tuesday. Ebix provides a series of application software products for the insurance industry including carrier systems, agency systems, and exchanges to custom software development for carriers, brokers, and agents involved in the insurance industry.
What analysts say:
What our community says:
CAPS All-Stars are solidly backing the stock with 97.6% granting it an "outperform" rating. The community at large agrees with the All-Stars with 97.3% assigning it a rating of "outperform." Fools have embraced Ebix and haven't been shy with their opinions lately, logging 420 posts in the past 30 days. Even with a robust four out of five stars, Ebix's CAPS rating falls a little short of the community's upbeat outlook.
Ebix's profit has risen year over year by an average of 46.9%. The company raised its gross margin by 4.1 percentage points in the last quarter. Revenue rose 26.7% while cost of sales rose 3.5% to $7.3 million from a year earlier.
One final thing: If you want to keep tabs on Ebix movements, and for more analysis on the company, make sure you add it to your watchlist.
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At the time this article was published
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