Consensus Cloud Solutions Q3 EPS $1.51 Beats $1.30 Estimate, Sales $90.60M Miss $96.13M Estimate
Portfolio Pulse from Benzinga Newsdesk
Consensus Cloud Solutions (NASDAQ:CCSI) reported Q3 earnings of $1.51 per share, beating the analyst consensus estimate of $1.30 by 16.15%. However, the company's quarterly sales of $90.60 million missed the analyst consensus estimate of $96.13 million by 5.75%. This represents a 0.66% decrease in earnings and a 5.54% decrease in sales compared to the same period last year.
November 09, 2023 | 9:08 pm
News sentiment analysis
Sort by:
Ascending
NEUTRAL IMPACT
Consensus Cloud Solutions reported Q3 earnings that beat estimates but missed on sales. This mixed report could lead to uncertainty in the market.
Consensus Cloud Solutions reported better than expected earnings but lower than expected sales. This mixed report could lead to uncertainty among investors, potentially impacting the stock's price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100