Consensus Cloud Solutions Inc (CCSI, Financial) is set to release its Q3 2024 earnings on Nov 7, 2024. The consensus estimate for Q3 2024 revenue is $85.33 million, and the earnings are expected to come in at $1.12 per share. The full year 2024's revenue is expected to be $344.11 million and the earnings are expected to be $4.65 per share. More detailed estimate data can be found on the Forecast page.
Consensus Cloud Solutions Inc (CCSI, Financial) Estimates Trends
Over the past 90 days, revenue estimates for Consensus Cloud Solutions Inc (CCSI) have seen a downward revision, moving from $345.16 million to $344.11 million for the full year 2024, and from $347.29 million to $340.85 million for 2025. Earnings estimates have also been adjusted, with a slight decrease from $4.67 per share to $4.65 per share for the full year 2024, and an increase from $4.69 per share to $4.91 per share for 2025.
Consensus Cloud Solutions Inc (CCSI, Financial) Reported History
In the previous quarter of 2024-06-30, Consensus Cloud Solutions Inc's (CCSI) actual revenue was $87.5 million, which beat analysts' revenue expectations of $86.61 million by 1.03%. Consensus Cloud Solutions Inc's (CCSI) actual earnings were $1.24 per share, which beat analysts' earnings expectations of $1.10 per share by 12.24%. After releasing the results, Consensus Cloud Solutions Inc (CCSI) was up by 2% in one day.
Consensus Cloud Solutions Inc (CCSI, Financial) 12 Month Price Targets
Based on the one-year price targets offered by 5 analysts, the average target price for Consensus Cloud Solutions Inc (CCSI) is $27.80 with a high estimate of $45 and a low estimate of $17. The average target implies an upside of 18.5% from the current price of $23.46.
Based on GuruFocus estimates, the estimated GF Value for Consensus Cloud Solutions Inc (CCSI, Financial) in one year is $38.04, suggesting an upside of 62.15% from the current price of $23.46.
Based on the consensus recommendation from 5 brokerage firms, Consensus Cloud Solutions Inc's (CCSI, Financial) average brokerage recommendation is currently 2.4, indicating an "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
