Earnings Outlook For Consensus Cloud Solutions
Portfolio Pulse from Benzinga Insights
Consensus Cloud Solutions (NASDAQ:CCSI) is expected to report an EPS of $1.20 in its upcoming quarterly earnings on 2024-02-21. Analysts and investors are keen on not just the earnings beat but also the forward guidance. The company's past earnings performance shows a mixed impact on its stock price post-earnings announcement. Currently, CCSI's shares are trading at $19.1, marking a 68.13% decline over the last 52 weeks, indicating a negative sentiment among long-term shareholders.
February 20, 2024 | 6:01 pm
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Consensus Cloud Solutions is anticipated to report an EPS of $1.20 in its upcoming earnings, with a focus on both the earnings beat and future guidance. The stock has seen a significant decline of 68.13% over the past year, indicating negative sentiment.
Given the mixed past performance post-earnings and the significant annual decline in stock price, the short-term impact of the upcoming earnings report is uncertain. While an earnings beat and positive guidance could provide a boost, the long-term negative trend and investor sentiment may limit immediate upside potential.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100