Constellation Software Inc reports results for the quarter - Earnings Summary

Constellation Software

09/11/2024 12:26

* Constellation Software Inc  CSU.TO  reported quarterly
adjusted
earnings of $23.28​​ per share for the quarter , higher than the
same quarter last year, when the company reported EPS of
$17.73.  The mean expectation of eight analysts for the quarter
was for earnings of $20.38 per share. Wall Street expected
results to range from $16.58  to $25.22 per share.
    * Revenue rose 19.5% to $2.54 billion from a year ago;
analysts
expected $2.57 billion. 
    * Constellation Software Inc's reported EPS for the quarter
was
$7.74​.
    * The company reported quarterly net income of $187 million.
    * Constellation Software Inc shares had fallen by 0.0% this
quarter and gained 33.9% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 0.8%
in the last three months.​ 
    * In the last 30 days, there have been no negative revisions
of
earnings estimates

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 6 "strong buy" or "buy," 4
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the software peer
group
is also "buy"

Wall Street's median 12-month price target for Constellation
Software Inc is 4,700.00 
This summary was machine generated from LSEG data November 9 at
12:25 p.m. UTC. ​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) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2024      20.38          23.28          Beat
 Jun. 30 2024      19.39          17.89          Missed
 Mar. 31 2024      17.62          15.67          Missed
 Dec. 31 2023      18.75          15.50          Missed