TTEC Holdings (TTEC) Misses Q4 Earnings and Revenue Estimates

Company Performance - TTEC Holdings reported quarterly earnings of $0.19 per share, missing the Zacks Consensus Estimate of$ 0.21 per share, and down from $0.37 per share a year ago, representing an earnings surprise of -9.52% [1] - The company posted revenues of$ 567.44 million for the quarter ended December 2024, missing the Zacks Consensus Estimate by 1.27%, and down from $626.18 million year-over-year [2] - TTEC has not surpassed consensus EPS estimates over the last four quarters and has topped consensus revenue estimates only once during the same period [2] Stock Performance - TTEC shares have declined approximately 26.5% since the beginning of the year, contrasting with the S&P 500's gain of 1.3% [3] - The current consensus EPS estimate for the upcoming quarter is$ 0.20 on revenues of $540.9 million, and for the current fiscal year, it is$ 0.99 on revenues of $2.2 billion [7] Industry Outlook - The Technology Services industry, to which TTEC belongs, is currently in the top 30% of over 250 Zacks industries, indicating a favorable outlook [8] - Empirical research suggests a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can impact TTEC's stock performance [5]