Consensus Cloud Solutions Inc reports results for the quarter ended in June - Earnings Summary

Consensus Cloud Solutions

08/08/2023 22:02

* Consensus Cloud Solutions Inc  CCSI.OQ  reported quarterly
adjusted earnings of $1.36​​ per share for the quarter ended in
June. The mean expectation of six analysts for the quarter was
for earnings of $1.25 per share.
    * Revenue fell 0.4% to $92.79 million from a year ago;
analysts
expected $94.10 million. 
    * Consensus Cloud Solutions Inc's reported EPS for the
quarter was
$1.07​.
    * The mean earnings estimate of analysts had risen by
about 1.4%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company. 
    * Consensus Cloud Solutions Inc shares had risen by 3.4%
this
quarter and lost 40.4% so far this year.
    * The company reported quarterly net income of $21.06
million.
    * Wall Street's median 12-month price target for Consensus
Cloud
Solutions Inc is $45.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 4 "strong buy" or "buy," 2
"hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data
August 8 at 09:02 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      1.25           1.36           Beat
 Mar. 31 2023      1.18           1.10           Missed
 Dec. 31 2022      1.13           1.13           Met
 Sep. 30 2022      1.35           1.52           Beat