Key Highlights

  • A projected 14.3% to 17.9% drop in fiscal 2027 reported Revenue at Amdocs (NASDAQ:DOX) sent the stock to USD 44.61, down 28.55%, while the company and its largest customer trade reciprocal breach claims.
  • USD 13,445 million to USD 13,505 million is the revised 2026 revenue band at Fidelity National Information Services (NYSE:FIS), where shares fell 21.93% to USD 30.44 after Buybacks were scaled back for now.
  • Annual Recurring Revenue growth slowed to 11% from 14% in the second quarter, and a narrowed outlook pushed Trimble (NASDAQ:TRMB) down 18.74% to USD 53.32, even though revenue rose 7% to USD 966.8 million.
  • 70.6% was the group disability benefit ratio excluding notable items at Unum Group (NYSE:UNM), compared with 61.3%, and shares dropped 18.93% to USD 73.80 following a GAAP net loss of USD 419.7 million.

Amdocs (NASDAQ:DOX): Off 28.55% on a Steep Fiscal 2027 Downgrade

Amdocs (NASDAQ:DOX) was quoted at USD 44.61 on November 4, 2026, a fall of 28.55% or USD 17.83, from an implied prior close of about USD 62.44 (calculated). Before the open the shares had dropped roughly 40%, so part of that loss came back during the session. The November 3, 2026 release reported fiscal 2026 revenue of USD 4,697 million, up 3.6%, and non-GAAP diluted EPS of USD 7.41. For fiscal 2027, reported revenue is guided down 14.3% to 17.9%, and non-GAAP diluted EPS down 26% to 30%. According to the release, both parties have sent notices alleging material breach against the other, termination or monetary claims are possible, and the guidance allows either side to terminate. Twelve-month Backlog stood at USD 3.50 billion. Backlog refers to contracted work that will turn into revenue later, and the twelve-month figure fell about 9.6% year over year on an adjusted basis. First-quarter fiscal 2027 revenue is guided to USD 955 million to USD 995 million. The release does not disclose how much of revenue comes from the customer, so outside exposure estimates are inferences. Fourth-quarter revenue was USD 1,194 million, up 3.8%, with non-GAAP diluted EPS of USD 1.98, and free Cash Flow is guided to USD 440 million to USD 500 million. Arbitration could cut revenue, raise legal costs and force restructuring, while a settlement could narrow the range.

Fidelity National Information Services (NYSE:FIS): Off 21.93% on Guidance and a Repurchase Pause

Fidelity National Information Services (NYSE:FIS) was priced at USD 30.44 on November 4, 2026, down 21.93% or USD 8.55, from an implied prior close of USD 38.99 (calculated), on 9.83 million shares. The release showed third-quarter revenue of USD 3,454 million, up 27%, and adjusted EPS of USD 1.61, compared with USD 1.51. The selloff centered on the 2026 outlook of USD 13,445 million to USD 13,505 million in revenue and adjusted EPS of USD 5.82 to USD 5.89. Repurchases have been scaled back temporarily to speed up Debt reduction, with meaningful buybacks anticipated once gross Leverage nears 2.8 times. Published coverage said the chief financial officer is stepping down, though the release excerpt reviewed did not confirm this. Dividends paid during the quarter totaled USD 227 million, and the company said quarterly dividends will continue. Leverage increased after the Issuer Solutions business, now named Total Issuing Solutions, was brought in, even though the company sold its 45% Worldpay stake on January 9, 2026. Fewer buybacks removes one source of support for per-share value. Banking Solutions revenue was USD 2,548 million, up 41%, and Capital Market Solutions revenue was USD 823 million, up 3%. GAAP diluted EPS came in at USD 0.69. Adjusted EBITDA is guided to USD 5,565 million to USD 5,605 million, and free cash flow guidance of USD 2.15 billion to USD 2.25 billion was kept intact.

Trimble (NASDAQ:TRMB): Off 18.74% as Recurring Sales Expansion Cools

Trimble (NASDAQ:TRMB) was down 18.74%, or USD 12.30, at USD 53.32 on November 4, 2026, from an implied prior close near USD 65.62 (calculated). The results were issued at 6:55 a.m. ET. Revenue increased 7% to USD 966.8 million, and annual recurring revenue grew 11% to USD 2.56 billion, down from 14% in the second quarter. GAAP diluted EPS was USD 0.25 against USD 0.46, while non-GAAP EPS was USD 0.86 versus USD 0.81. Full-year revenue guidance was narrowed to USD 3,910 million to USD 3,940 million from USD 3,900 million to USD 3,950 million. Published coverage put consensus revenue near USD 972.6 million, a figure from a single source and identified as such. Fourth-quarter outlook calls for revenue of USD 1,031 million to USD 1,061 million and non-GAAP EPS of USD 1.13 to USD 1.19. The company bought roughly 4.0 million shares for USD 231.7 million during the quarter. Software valuations depend on how durable recurring revenue proves, so the risks include further slowing and Margin pressure in Field Systems. Field Systems revenue reached USD 435.8 million, but its segment Operating Margin slipped to 29.5% from 33.4%. A USD 562.0 million Goodwill Impairment in the first three quarters concerns the Transportation and Logistics segment. Free cash flow totaled USD 643.6 million for the first three quarters.

Unum Group (NYSE:UNM): Off 18.93% Following a Net Loss and Higher Disability Claims

Unum Group (NYSE:UNM) was quoted at USD 73.80 on November 4, 2026, down 18.93% or USD 17.23, from an implied prior close of USD 91.03 (calculated). The November 3, 2026 release reported a net loss of USD 419.7 million, or USD 2.65 per diluted share, driven by USD 833.5 million of pre-tax losses linked to the Fortitude Re transaction. Adjusted Operating Income was USD 2.20 per diluted share compared with USD 2.81. Management attributed about 5 points of the benefit ratio increase to long-term disability submissions. It lifted 2026 adjusted operating income guidance to USD 8.30 to USD 8.50, which includes roughly USD 0.33 from a favorable notable item, and offered no 2027 guidance. The benefit ratio measures claims paid and reserved against premiums, so each point of increase reduces margin unless prices go up. Management said it is repricing long-term disability at renewal and reaffirmed a long-term group disability target of about 65% with no timeline. Fourth-quarter benefit ratios are expected to track the third quarter. The loss mostly came from a pre-tax net Investment loss of USD 853.0 million. Total premium income increased to USD 2,800.7 million from USD 2,688.0 million, and adjusted operating income was USD 349.0 million. Net Income a year earlier was USD 39.7 million.

Where Things Stand

All four stocks are falling because outlooks and result quality disappointed, rather than because revenue collapsed. Amdocs (NASDAQ:DOX) is off 28.55% on a fiscal 2027 outlook tied to a customer dispute. Fidelity National Information Services (NYSE:FIS) is down 21.93% on guidance and paused buybacks. Trimble (NASDAQ:TRMB) is down 18.74% on slower recurring revenue growth. Unum Group (NYSE:UNM) is down 18.93% on a net loss and a higher benefit ratio. Intraday moves can shift before the close.