Consensus Cloud Solutions (CCSI) to Release Quarterly Earnings on Wednesday

Consensus Cloud Solutions (NASDAQ:CCSI) will release its earnings data after the market closes on Wednesday, May 8th. Analysts expect Consensus Cloud Solutions to post 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.Investors that wish to listen to the company’s conference call can do so using this link.

Consensus Cloud Solutions (NASDAQ:CCSI) last released its earnings results on Wednesday, February 21st. The company reported $0.90 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.90. The firm had revenue of $87.75 million for the quarter, compared to analysts’ expectations of $89.05 million. Consensus Cloud Solutions had a negative return on equity of 40.27% and a net margin of 21.32%. 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 Trading Down 0.3 %

Shares of Consensus Cloud Solutions stock opened at $12.21 on Monday. The firm has a market capitalization of $234.68 million, a PE ratio of 3.10 and a beta of 1.07. The firm’s 50 day moving average is $13.93 and its 200 day moving average is $19.10. Consensus Cloud Solutions has a 1 year low of $11.62 and a 1 year high of $38.11.

Wall Street Analyst Weigh In

A number of equities research analysts have weighed in on the company. Citigroup downgraded Consensus Cloud Solutions from a “neutral” rating to a “sell” rating and lowered their target price for the stock from $25.00 to $20.00 in a 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.

Consensus Cloud Solutions Company Profile

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.