Consensus Cloud Solutions (NASDAQ:CCSI) Announces Earnings Results, Misses Expectations By $0.10 EPS

Consensus Cloud Solutions (NASDAQ:CCSIGet Free Report) issued its quarterly earnings data on Wednesday. The company reported $1.09 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.19 by ($0.10), Zacks reports. The business had revenue of $86.98 million during the quarter, compared to the consensus estimate of $85.07 million. Consensus Cloud Solutions had a negative return on equity of 66.28% and a net margin of 25.10%. Consensus Cloud Solutions updated its FY 2025 guidance to 5.030-5.420 EPS and its Q1 2025 guidance to 1.260-1.360 EPS.

Consensus Cloud Solutions Price Performance

CCSI stock opened at $23.02 on Thursday. Consensus Cloud Solutions has a 52-week low of $11.62 and a 52-week high of $32.10. The company has a 50-day moving average of $25.85 and a two-hundred day moving average of $23.83. The stock has a market capitalization of $444.21 million, a price-to-earnings ratio of 5.26 and a beta of 1.45.

Analyst Ratings Changes

A number of equities research analysts recently issued reports on CCSI shares. Citigroup upped their price objective on shares of Consensus Cloud Solutions from $19.00 to $20.00 and gave the stock a “sell” rating in a report on Friday, January 17th. BTIG Research upped their price objective on shares of Consensus Cloud Solutions from $30.00 to $32.00 and gave the stock a “buy” rating in a report on Monday, November 11th. Wedbush upped their price objective on shares of Consensus Cloud Solutions from $24.00 to $32.00 and gave the stock an “outperform” rating in a report on Friday, November 8th. Finally, Oppenheimer upped their price objective on shares of Consensus Cloud Solutions from $23.00 to $27.00 and gave the stock an “outperform” rating in a report on Friday, November 8th. Two analysts have rated the stock with a sell rating and three have issued a buy rating to the company. Based on data from MarketBeat, Consensus Cloud Solutions has an average rating of “Hold” and a consensus price target of $26.40.

View Our Latest Stock Analysis on Consensus Cloud Solutions

Consensus Cloud Solutions Company Profile

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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.

See Also

Earnings History for Consensus Cloud Solutions (NASDAQ:CCSI)

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