Consensus Cloud Solutions (CCSI) Set to Announce Earnings on Thursday

Posted by Elija Maina on Aug 7th, 2024

Consensus Cloud Solutions (NASDAQ:CCSI – Get Free Report) is scheduled to be posting its quarterly earnings results after the market closes on Thursday, August 8th. Analysts expect Consensus Cloud Solutions to post earnings of $1.11 per share for the quarter. Parties interested in listening to the company’s conference call can do so using this link.

Consensus Cloud Solutions (NASDAQ:CCSI – Get Free Report) last posted its earnings results on Wednesday, May 8th. The company reported $1.36 EPS for the quarter, topping the consensus estimate of $1.06 by $0.30. Consensus Cloud Solutions had a net margin of 24.55% and a negative return on equity of 49.60%. The business had revenue of $88.15 million for the quarter, compared to the consensus estimate of $87.29 million. On average, analysts expect Consensus Cloud Solutions to post $5 EPS for the current fiscal year and $5 EPS for the next fiscal year.

Consensus Cloud Solutions Stock Performance

Shares of NASDAQ CCSI opened at $19.29 on Wednesday. The firm has a 50 day moving average price of $18.60 and a two-hundred day moving average price of $17.11. The stock has a market cap of $370.75 million, a P/E ratio of 4.24 and a beta of 1.35. Consensus Cloud Solutions has a 52-week low of $11.62 and a 52-week high of $33.54.

Wall Street Analyst Weigh In

A number of analysts recently weighed in on the company. Oppenheimer decreased their price objective on Consensus Cloud Solutions from $29.00 to $20.00 and set an “outperform” rating for the company in a report on Thursday, May 9th. Wedbush reissued an “outperform” rating and issued a $24.00 price target on shares of Consensus Cloud Solutions in a research note on Friday, May 10th.

View Our Latest Analysis on CCSI

About Consensus Cloud Solutions

(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.