Feb 24 (Reuters) - Banking software company Temenos on Tuesday forecast its full year core earnings will grow by 9% in 2026. It had previously reported core earnings (EBIT) for 2025 above expectations
Temenos Adjusts 2028 Earnings Projections Upward
Feb 24 (Reuters) - Banking software company Temenos on Tuesday raised its core earnings targets for 2028 saying it now expects core earnings of around $480 million dollars compared to around $450 million projected in November 2024.
Here are some details:
Earnings Growth and Projections
• The company said that its 2026 full year core earnings will grow by 9% compared to the previous year.
• The software provider added that the 2026 guidance includes a negative headwind for core earnings of 4% due to the termination of one buy now pay later client in 2025
• Temenos previously reported core earnings (EBIT) for 2025 above expectations at 371.9 million dollars compared to a company-provided consensus of 352.7 million.
Impact of Strategic Changes
• Temenos will hold its capital markets day on Wednesday
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(Reporting by Cian Muenster; Editing by Matt Scuffham)
