Stock Monitor: CA, Inc. Post Earnings Reporting
LONDON, UK / ACCESSWIRE / February 07, 2018 / Active-Investors.com has just released a free earnings report on DST Systems, Inc. (NYSE: DST) (“DST”). If you want access to this report all you need to do is sign up now by clicking the following link www.active-investors.com/registration-sg/?symbol=DST. The Company posted its fourth quarter fiscal 2017 (Q4 FY17) financial results on January 29, 2018. The leading information processing and servicing solutions providers' earnings and revenues surpassed market expectations. On January 11, 2018, the Company entered into a merger agreement wherein SS&C will acquire DST. Register today and get access to over 1000 Free Research Reports by joining our site below:
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Active-Investors.com is focused on giving you timely information and the inside line on companies that matter to you. This morning, DST Systems most recent news is on our radar and our team decided to put out a fantastic report on the company that is now available for free below:
Earnings Highlights and Summary
During the fourth quarter of the fiscal year 2017, DST posted net sales of $593.90 million compared to $398.80 million in Q4 FY16, reflecting an increase of 48.92%. The increase was attributed to the acquisition of the remaining portion of Boston Financial Data Services and International Financial Data Services, which generated $179.7 million additional operating revenues during the reported quarter. The Company's revenue numbers beat analysts' estimates of $527.00 million. For the full fiscal year 2017, the Company's revenue was $2.22 billion compared to $1.56 billion in FY16, advancing 42.49%.
The Company's operating profit was $77.30 million in Q4 FY17 compared to $75.40 million in Q4 FY16, increasing 2.52% on a y-o-y basis. For FY17, the Company's operating income was $285.20 million, an increase of 15.33% compared to $247.30 million in the previous year.
DST's net income was $81.20 million in the reported quarter compared to $42.90 million in Q4 FY16, advancing 89.28% on a y-o-y basis. The Company's earnings per share (EPS) were $1.34 in Q4 FY17, compared to $0.66 in the fourth quarter of the previous fiscal year, surging 103.03% on a y-o-y basis. The Company's adjusted EPS were $1.11 in the reported quarter compared to $0.83 in Q4 FY16, reflecting a growth of 33.73% on a y-o-y basis, and beating analysts' estimates of $0.84. For FY17, the Company's net income was $447.00 million compared to $179.00 million in FY16, while adjusted EPS were $3.36 in FY17 compared to $2.87 in FY16, advancing 17.07%.
DST has four business segments, namely: (i) Domestic Financial Services segment, (ii) International Financial Services segment, and (iii) Healthcare Services segment.
The Domestic Financial Services segment reported net sales of $350.10 million in Q4 FY17 compared to $270.70 million in Q4 FY16, reflecting a growth of 29.33%. The segment's operating income was $38.00 million in Q4 FY17 compared to $49.20 million in Q4 FY16, decreasing 5.18% on a y-o-y basis.
The International Financial Services segment posted net sales of $149.90 million in Q4 FY17 compared to $28.90 million in Q4 FY16, soaring 418.69% on a y-o-y basis. The segment's operating income was $19.30 million in Q4 FY17 compared to $2.70 million in Q4 FY16, surging 614.81% on a y-o-y basis.
The Healthcare Services segment's net sales decreased 5.96% to $107.30 million on a y-o-y basis in the reported quarter compared to $114.10 million in Q4 FY16. The segment's operating income was $20.00 million in Q4 FY17 compared to $23.50 million in Q4 FY16, decreasing 14.89% on a y-o-y basis.
As on December 31, 2017, DST had cash and cash equivalents of $80.50 million compared to $195.50 million as on December 31, 2016. The Company repurchased 1.3 million shares of common stock worth $75.00 million.
Stock Performance Snapshot
February 06, 2018 - At Tuesday's closing bell, DST Systems' stock slightly declined 0.31%, ending the trading session at $82.75.
Volume traded for the day: 3.01 million shares, which was above the 3-month average volume of 954.50 thousand shares.
Stock performance in the last month – up 29.66%; previous three-month period – up 38.70%; past twelve-month period – up 42.21%; and year-to-date – up 33.32%
After yesterday's close, DST Systems' market cap was at $4.99 billion.
Price to Earnings (P/E) ratio was at 11.63.
The stock has a dividend yield of 0.87%.
The stock is part of the Technology sector, categorized under the Business Software & Services industry. This sector was up 2.0% at the end of the session.
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