Telecom software provider Amdocs (NASDAQ:DOX) is set to announce earnings results after market close. Last quarter, Amdocs beat revenue expectations by 0.8%, reporting $1.14 billion in revenues, down 8.4% year on year. Analysts expect revenue to decline 9.5% to $1.14 billion this quarter, with adjusted earnings of $1.82 per share. Amdocs has missed revenue estimates three times in the last two years. Peers in the IT services & tech sector have reported strong Q3 results, with companies like Applied Digital and IonQ beating revenue expectations. Amdocs is up 3.8% in the past month and has an average analyst price target of $104.00.

Read more at StockStory Media: What To Expect From Amdocs’s (DOX) Q3 Earnings