Fair Isaac Corp., a business advisory company, on Tuesday forecast weaker-than-expected results in the back half of the year, after posting a lower fiscal second-quarter profit.
For the second half of fiscal 2008, Fair Isaac forecast earnings per share of 74 cents, with sales of $380 million.
Analysts polled by Thomson Financial expect higher per-share earnings of $1.03, with 49 cents per share in the third quarter, and 54 cents per share in the fourth quarter.
Wall Street projects revenue of $425.5 million in the second half, with sales of $209.1 million in the third quarter, and $216.4 million in the fourth.
Separately, Fair Isaac posted a lower second-quarter profit weighed down by charges and a loss from discontinued operations.
Shares of the company fell $3.17, or 12 percent, to close at $23.26. The stock has lost 18 percent since the start of the year.
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