Canada's Constellation Software Q1 revenue beats estimates

Constellation Software

12/05/2026 22:12

Overview

Canada vertical market software firm's Q1 revenue rose 20%, beating analyst expectations

Net income attributable to common shareholders more than doubled year-over-year

Outlook

Company did not provide specific guidance for future quarters or the full year in the press release

Result Drivers

ACQUISITIONS - Co said revenue growth was primarily driven by acquisitions completed during the qtr

ORGANIC GROWTH - Co reported 6% organic revenue growth in the qtr, 2% after adjusting for foreign exchange

FREE CASH FLOW - Free cash flow available to shareholders rose 44% from the prior-year period

Company press release: ID:nGNX8YLGY6

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Revenue
Beat
$3.18 bln
$3.13 bln (8 Analysts)
Q1 EPS
$17.32
Q1 Net Income
$367 mln


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 9 "strong buy" or "buy", 3 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the software peer group is "buy"

Wall Street's median 12-month price target for Constellation Software Inc is C$4,080.00, about 69% above its May 11 closing price of C$2,414.31

The stock recently traded at 14 times the next 12-month earnings vs. a P/E of 16 three months ago

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)