CCC Intelligent Solutions Holdings Inc reports results for the quarter ended in December - Earnings Summary
29/02/2024 04:45
* CCC Intelligent Solutions Holdings Inc CCCS.OQ reported
quarterly adjusted earnings of 9 cents per share for the
quarter ended in December, higher than the same quarter last
year, when the company reported EPS of 7 cents. The mean
expectation of twelve analysts for the quarter was for earnings
of 8 cents per share. Wall Street expected results to range from
6 cents to 9 cents per share.
* Revenue rose 12% to $228.60 million from a year ago;
analysts
expected $222.73 million.
* CCC Intelligent Solutions Holdings Inc's reported EPS for
the
quarter was 4 cents.
* The company reported quarterly net income of $25.21
million.
* CCC Intelligent Solutions Holdings Inc shares had risen
by 1.3%
this quarter.
FORECAST CHANGES
* The mean earnings estimate of analysts had fallen by
about 0.7%
in the last three months.
* In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.
RECOMMENDATIONS
* The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 11 "strong buy" or "buy," 3
"hold" and no "sell" or "strong sell."
* Wall Street's median 12-month price target for CCC
Intelligent
Solutions Holdings Inc is $13.00
This summary was machine generated from LSEG data February 29 at
04:44 a.m. UTC. All figures in US dollars unless otherwise
stated. (For questions concerning the data in this report,
contact Estimates.Support@lseg.com. For any other questions or
feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING ESTIMATE ACTUAL BEAT, MET,
MISSED
Dec. 31 2023 0.08 0.09 Beat
Sep. 30 2023 0.08 0.09 Beat
Jun. 30 2023 0.07 0.07 Met
Mar. 31 2023 0.07 0.07 Met