Consensus Cloud Solutions (NASDAQ:CCSI – Get Free Report) issued an update on its FY 2024 earnings guidance on Thursday morning. The company provided earnings per share guidance of 5.080-5.310 for the period, compared to the consensus earnings per share estimate of 5.300. The company issued revenue guidance of $338.0 million-$353.0 million, compared to the consensus revenue estimate of $343.9 million.
Consensus Cloud Solutions Trading Up 5.1 %
NASDAQ CCSI opened at $17.18 on Friday. Consensus Cloud Solutions has a 12 month low of $11.62 and a 12 month high of $35.29. The stock’s fifty day moving average price is $16.98 and its 200-day moving average price is $17.98. The stock has a market cap of $330.20 million, a P/E ratio of 3.79 and a beta of 1.38.
Consensus Cloud Solutions (NASDAQ:CCSI – Get Free Report) last released its quarterly earnings data on Wednesday, May 8th. The company reported $1.36 earnings per share for the quarter, beating analysts’ consensus estimates of $1.06 by $0.30. The business had revenue of $88.15 million during the quarter, compared to analyst estimates of $87.29 million. Consensus Cloud Solutions had a net margin of 24.55% and a negative return on equity of 49.60%. As a group, analysts forecast that Consensus Cloud Solutions will post 4.51 earnings per share for the current fiscal year.
Wall Street Analysts Forecast Growth
View Our Latest Stock Analysis on Consensus Cloud Solutions
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.
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