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 Stock Performance
Shares of Consensus Cloud Solutions stock opened at $16.50 on Thursday. Consensus Cloud Solutions has a 52-week low of $11.62 and a 52-week high of $35.29. The firm has a 50-day moving average of $16.75 and a 200-day moving average of $18.11. The stock has a market cap of $317.13 million, a PE ratio of 3.64 and a beta of 1.38.
Consensus Cloud Solutions (NASDAQ:CCSI – Get Free Report) last posted its quarterly earnings data on Wednesday, May 8th. The company reported $1.36 earnings per share 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 during the quarter, compared to analysts’ expectations of $87.29 million. Equities research analysts predict that Consensus Cloud Solutions will post 4.51 earnings per share for the current fiscal year.
Analyst Ratings Changes
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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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