Consensus Cloud Solutions Inc expected to post earnings of $1.29 a share - Earnings Preview

Consensus Cloud Solutions

06/11/2024 05:09

* Consensus Cloud Solutions Inc  CCSI.OQ   CCSI.O  is
expected
to show a fall in quarterly revenue when it reports  results on
November 7 for the period ending September 30 2024
    * The Los Angeles California-based  company is expected to
report
a 5.8% decrease in revenue to $85.332 million from $90.56
million a year ago, according to the mean estimate from 5
analysts, based on LSEG data.The company's guidance on August 8
2024, for the period ended September 30, was for revenue between
$83.50 million and $87.50 million.
    * ​LSEG's mean analyst estimate for Consensus Cloud
Solutions Inc
is for earnings of $1.29 per share. The company's EPS guidance
on August 8 2024, for the period ended September 30, was between
$1.25 and $1.35 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 3 "strong buy" or "buy," no
"hold" and 2 "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 24.00​, above​ its last closing price
of $23.46. ​​​

The company's guidance on August 8 2024 for the period ended
September 30 was for Earnings before Interest, Taxes,
Depreciation and Amortization of between USD83.5 million and
USD47.5 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  
 Jun. 30 2024  1.31        1.32       1.45      Beat    10.2
 Mar. 31 2024  1.27        1.27       1.55      Beat    22
 Jan. 1 0001   1.21        1.20       1.11      Missed  -7.9​
 Sep. 30 2023  1.30        1.30       1.51      Beat    16.6
 ​​Jun.        1.25        1.25       1.36      Beat    8.9
 30 2023                                                
 Mar. 31 2023  1.19        1.18       1.10      Missed  -7​
 Dec. 31 2022  1.14        1.35       1.13      Missed  -0.3
 Sep. 30 2022  1.34        1.35       1.52      Beat    12.3
 This summary was machine generated November 6 at 05:09 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)