Consensus Cloud Solutions Sees Q3 EPS $1.25-$1.35 Vs $1.24 Est.; Revenue $83.5M-$87.5M Vs $85.27M Est.; FY24 EPS $5.45-$5.55 Vs $5.30 Est.; Revenue $338M-$353M Vs $343.94M Est.
Portfolio Pulse from Benzinga Newsdesk
Consensus Cloud Solutions (CCSI) has provided its Q3 and FY24 guidance, with Q3 EPS expected to be between $1.25 and $1.35, and revenue between $83.5M and $87.5M. For FY24, EPS is projected to be between $5.45 and $5.55, and revenue between $338M and $353M. The company reaffirms its revenue and adjusted EBITDA guidance while raising its adjusted earnings per diluted share guidance for 2024.
August 08, 2024 | 8:36 pm
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Consensus Cloud Solutions (CCSI) has raised its FY24 EPS guidance to $5.45-$5.55, reaffirmed its revenue and adjusted EBITDA guidance, and provided Q3 EPS guidance of $1.25-$1.35.
The raised EPS guidance for FY24 and reaffirmed revenue and adjusted EBITDA guidance are positive indicators for CCSI's financial health. This is likely to boost investor confidence and positively impact the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100