Consensus Cloud Solutions Inc expected to post earnings of $1.20 a share - Earnings Preview

Consensus Cloud Solutions

19/02/2024 21:50

* Consensus Cloud Solutions Inc  CCSI.OQ   CCSI.O  is
expected
to show a fall in quarterly revenue when it reports  results on
February 21 for the period ending December 31 2023
    * The Los Angeles California-based  company is expected to
report
a 1.5% decrease in revenue to $88.863 million from $90.23
million a year ago, according to the mean estimate from 6
analysts, based on LSEG data.The company's guidance on November
9 2023, for the period ended December 31, was for revenue
between $87.50 million and $90.50 million.
    * ​LSEG's mean analyst estimate for Consensus Cloud
Solutions Inc
is for earnings of $1.20 per share. The company's EPS guidance
on November 9 2023, for the period ended December 31, was
between $1.15 and $1.19 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 3 "strong buy" or "buy," 2
"hold" and 1 "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Consensus
Cloud
Solutions Inc is $29.50​, above​ its last closing price
of $19.10. ​​​

The company's guidance on November 9 2023 for the period ended
December 31 was for Earnings before Interest, Taxes,
Depreciation and Amortization of between USD87.5 million and
USD48.2 million.
Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Sep. 30 2023  1.30        1.30       1.51      Beat    16.6
 Jun. 30 2023  1.25        1.25       1.36      Beat    8.9
 Mar. 31 2023  1.19        1.18       1.10      Missed  -7​
 Dec. 31 2022  1.14        1.13       1.13      Met     -0.3
 ​​Sep.        1.34        1.35       1.52      Beat    12.3
 30 2022                                                
 Jun. 30 2022  1.33        1.32       1.45      Beat    9.6​
 Mar. 31 2022  1.25        1.26       1.33      Beat    5.9
 Dec. 31 2021  1.30        1.30       1.46      Beat    12.5
 This summary was machine generated February 19 at 21:50 GMT. 
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)