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

Consensus Cloud Solutions

09/05/2023 23:01

* Consensus Cloud Solutions Inc  CCSI.OQ  reported quarterly
adjusted earnings of $1.10​​ per share for the quarter ended in
March. The mean expectation of six analysts for the quarter was
for earnings of $1.18 per share.
    * Revenue rose 0.6% to $91.45 million from a year ago;
analysts
expected $92.27 million. 
    * Consensus Cloud Solutions Inc's reported EPS for the
quarter was
78 cents​.
    * The mean earnings estimate of analysts had fallen by
about 13%
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 6.1%
this
quarter and lost 32.7% so far this year.
    * The company reported quarterly net income of $15.46
million.
    * Wall Street's median 12-month price target for Consensus
Cloud
Solutions Inc is $60.00 
    * 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 May
9 at 10:01 p.m. UTC. ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Mar. 31 2023      1.18           1.10           Missed
 Dec. 31 2022      1.13           1.13           Met
 Sep. 30 2022      1.35           1.52           Beat
 Jun. 30 2022      1.32           1.45           Beat