--- the subscriber area has no ads and those above are not selected or endorsed by this site ---


Ebix 2Q21 schedule ?3

10:27 30-Jul-21


Ebix has scheduled its second quarter report for the morning of August 9th.  The mid-point of 2 analyst estimates is for 59 cents of EPS with a 4.5 cent variance, from $227M of revenue, give or take $50M, decreasing to $198M this quarter.  The range of indicates how much volatility we can still expect in EBIX shares, but current pricing puts the hybrid P/E near 10, which is very low for a software and services company.

Shares did move up into the mid thirties following the last report, but has fallen back to $30 as India continues to fulfill my original pandemic concerns.  Even so, investment interest in the country continues unabated.  As ever, updates on the EbixCash IPO will be welcome, and I think there may be some reasons for the legacy business to offset weakness abroad.