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

Posted by Oscar Bower on May 1st, 2024

Consensus Cloud Solutions (NASDAQ:CCSI – Get Free Report) is scheduled to be posting its quarterly earnings results 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.Individual interested in listening to the company’s earnings 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, hitting analysts’ consensus estimates of $0.90. Consensus Cloud Solutions had a negative return on equity of 40.27% and a net margin of 21.32%. The business had revenue of $87.75 million during the quarter, compared to the consensus estimate of $89.05 million. 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 Performance

Shares of Consensus Cloud Solutions stock opened at $11.64 on Wednesday. Consensus Cloud Solutions has a one year low of $11.62 and a one year high of $38.34. The company has a market cap of $223.60 million, a PE ratio of 2.95 and a beta of 0.96. The business has a 50-day simple moving average of $14.21 and a 200-day simple moving average of $19.37.

Analysts Set New Price Targets

CCSI has been the subject of a number of research analyst reports. BTIG Research initiated coverage on Consensus Cloud Solutions in a report on Friday, January 26th. They issued a “neutral” rating for the company. Citigroup downgraded Consensus Cloud Solutions from a “neutral” rating to a “sell” rating and lowered their price target for the company from $25.00 to $20.00 in a report on Tuesday, January 9th.

View Our Latest Analysis on CCSI

Consensus Cloud Solutions Company Profile

(Get Free Report)

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.