CCC Intelligent Solutions Holdings Inc reports results for the quarter ended in September 30 - Earnings Summary
29/10/2024 02:47
* CCC Intelligent Solutions Holdings Inc CCCS.OQ reported
quarterly adjusted earnings of 10 cents per share for the
quarter ended September 30, higher than the same quarter last
year, when the company reported EPS of 9 cents. The mean
expectation of twelve analysts for the quarter was for earnings
of 9 cents per share. Wall Street expected results to range from
9 cents to 10 cents per share.
* Revenue rose 7.8% to $238.48 million from a year ago;
analysts
expected $238.04 million.
* CCC Intelligent Solutions Holdings Inc's reported EPS for
the
quarter was breakeven results.
* The company reported quarterly net income of $2.81
million.
* CCC Intelligent Solutions Holdings Inc shares had fallen
by 0.5%
this quarter and lost 3.4% so far this year.
FORECAST CHANGES
* The mean earnings estimate of analysts had fallen by
about 2% 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 10 "strong buy" or "buy," 3
"hold" and no "sell" or "strong sell."
* The average consensus recommendation for the software peer
group
is also "buy"
Wall Street's median 12-month price target for CCC Intelligent
Solutions Holdings Inc is $14.00
This summary was machine generated from LSEG data October 29 at
02:46 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
Sep. 30 2024 0.09 0.10 Beat
Jun. 30 2024 0.08 0.09 Beat
Mar. 31 2024 0.08 0.09 Beat
Dec. 31 2023 0.08 0.09 Beat