Constellation Software Inc expected to post earnings of $19.39 a share - Earnings Preview

Constellation Software

07/08/2024 21:20

* Constellation Software Inc  CSU.TO   is expected to show a
rise
in quarterly revenue when it reports  results on August 9 for
the period ending June 30 2024
    * The Toronto Ontario-based  company is expected to report a
21.5% increase in revenue to $2.478 billion from $2.04 billion a
year ago, according to the mean estimate from 6 analysts, based
on LSEG data.
    * ​LSEG's mean analyst estimate for Constellation Software
Inc is
for earnings of $19.39 per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 7 "strong buy" or "buy," 3
"hold" and no "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
Constellation
Software Inc is C$4,200.00​, above​ its last closing price
of C$4,038.81. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Jan. 1 0001   18.19       17.62      15.67     Missed  -11.1
 Dec. 31 0001  18.15       18.75      15.50     Missed  -17.3
 Sep. 30 2023  14.86       15.11      17.73     Beat    17.3​
 Jun. 30 2023  13.38       13.83      10.14     Missed  -26.7
 ​​Mar.        13.23       13.33      20.13     Beat    51
 31 2023                                                
 Dec. 31 2022  11.89       12.95      14.22     Beat    9.8​
 Sep. 30 2022  13.49       13.37      16.08     Beat    20.3
 Jun. 30 2022  13.04       13.07      13.00     Missed  -0.5
 This summary was machine generated August 7 at 20:20 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)