Correction - BUZZ - Struggling FICO Hit Again as Q4 Profit Misses Expectations

Corrected the company name in the first item to "Fair Isaac", not "Fair Issac"

November 5 - ** Credit scoring company Fair Isaac (FICO.N) saw its shares fall 8.6% in premarket trading to $641

** (link) Fourth-quarter earnings missed expectations, compounding the trouble of a nearly 59% plunge in its share price this year

** For the three months ended September 30, FICO reported earnings per share of $8.12, below the expected $8.89 — data compiled by LSEG

** The company did not provide an outlook for fiscal 2027, saying it faces a "pricing transformation" and "challenges in the mortgage market"

** Jefferies analysts wrote: "Although we expect investors will be disappointed given the lack of detail on FICO's strategy to maintain market share, this more cautious approach may ultimately prove more beneficial to the company in the long term."

** FICO has been under fire from Federal Housing Finance Agency director Bill Pulte ((link)), who has repeatedly criticized the company, alleging it imposed high costs on consumers

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