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CCC Intelligent Solutions Holdings Inc reports results for the quarter ended March 31 - Earnings Summary

CCC Intelligent Solutions Holdings Inc CCCS.OQ reported quarterly adjusted earnings of 8 cents​​ per share for the quarter ended March 31, lower 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 8 cents per share. Wall Street expected results to range from 7 cents to 10 cents per share.

Revenue rose 10.7% to $251.57 million from a year ago; analysts expected $249.85 million.

CCC Intelligent Solutions Holdings Inc's reported EPS for the quarter was a loss of 3 cents​.

The company reported a quarterly loss of $18.7 million.

CCC Intelligent Solutions Holdings Inc shares had risen by 1.8% this quarter and lost 21.7% so far this year.

FORECAST CHANGES

The mean earnings estimate of analysts had fallen by about 13.1% 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," 4 "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 $12.50

This summary was machine generated from LSEG data May 6 at 01:31 p.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 ENDINGESTIMATEACTUALBEAT, MET, MISSED
Mar. 31 20250.080.08Met
Dec. 31 20240.100.10Met
Sep. 30 20240.090.10Beat
Jun. 30 20240.080.09Beat

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