Consensus Cloud Solutions Sees Q2 2024 Revenue $84.5M-$88.5M Vs $87.727M Est.
Portfolio Pulse from Benzinga Newsdesk
Consensus Cloud Solutions projects its Q2 2024 revenue to be between $84.5M and $88.5M, which is around the current estimate of $87.727M.

May 08, 2024 | 9:10 pm
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NEUTRAL IMPACT
Consensus Cloud Solutions anticipates Q2 2024 revenue to be between $84.5M and $88.5M, closely matching the analyst estimate of $87.727M.
The revenue forecast by Consensus Cloud Solutions is closely aligned with analyst estimates, indicating that the company's performance is in line with market expectations. This alignment typically suggests a neutral short-term impact on the stock price, as there are no significant positive or negative surprises. However, the exact movement will depend on broader market conditions and investor sentiment.
CONFIDENCE 85
IMPORTANCE 75
RELEVANCE 90