Consensus Cloud Solutions (CCSI) Scheduled to Post Quarterly Earnings on Wednesday

Posted by Alphonse Anthony on May 7th, 2024

Consensus Cloud Solutions (NASDAQ:CCSI – Get Free Report) is scheduled to be announcing its earnings results after the market closes on Wednesday, May 8th. Analysts expect the company to announce earnings of $1.06 per share for the quarter. Consensus Cloud Solutions has set its FY 2024 guidance at 5.080-5.310 EPS and its Q1 2024 guidance at 1.270-1.330 EPS.Parties that wish to register for the company’s conference call can do so using this link.

Consensus Cloud Solutions (NASDAQ:CCSI – Get Free Report) last announced its quarterly earnings data on Wednesday, February 21st. The company reported $0.90 EPS for the quarter, meeting the consensus estimate of $0.90. The business had revenue of $87.75 million during the quarter, compared to the consensus estimate of $89.05 million. Consensus Cloud Solutions had a net margin of 21.32% and a negative return on equity of 40.27%. On average, analysts expect Consensus Cloud Solutions to post $4 EPS for the current fiscal year and $5 EPS for the next fiscal year.

Consensus Cloud Solutions Stock Up 3.8 %

NASDAQ:CCSI opened at $12.67 on Tuesday. The firm has a market capitalization of $243.52 million, a PE ratio of 3.22 and a beta of 1.07. Consensus Cloud Solutions has a twelve month low of $11.62 and a twelve month high of $38.11. The stock’s 50-day simple moving average is $13.85 and its 200 day simple moving average is $19.01.

Wall Street Analyst Weigh In

Several research firms recently commented on CCSI. Citigroup downgraded shares of Consensus Cloud Solutions from a “neutral” rating to a “sell” rating and cut their target price for the stock from $25.00 to $20.00 in a research report on Tuesday, January 9th. BTIG Research started coverage on Consensus Cloud Solutions in a research note on Friday, January 26th. They issued a “neutral” rating for the company.

Check Out Our Latest Research Report on CCSI

Consensus Cloud Solutions Company Profile

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Consensus Cloud Solutions, Inc, together with its subsidiaries, provides information delivery services with a software-as-a-service platform worldwide. The company offers eFax Corporate, a digital cloud-fax technology; Unite, a single platform that allows the user to choose between various protocols to send and receive healthcare information and can integrate into an existing electronic health record system or stand-alone if no EHR is present.