Consensus Cloud Solutions, Inc. (CCSI) Tops Q3 Earnings and Revenue Estimates
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Consensus Cloud Solutions, Inc. (CCSI) reported Q3 earnings of $1.31 per share, surpassing the Zacks Consensus Estimate of $1.28. However, this is a decrease from last year's $1.51 per share.
November 08, 2024 | 12:00 am
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Consensus Cloud Solutions, Inc. (CCSI) reported Q3 earnings of $1.31 per share, surpassing the Zacks Consensus Estimate of $1.28. However, this is a decrease from last year's $1.51 per share.
CCSI's earnings per share exceeded analyst expectations, which is typically a positive indicator for stock performance. However, the earnings are lower compared to the previous year, which may temper investor enthusiasm. Overall, the beat on estimates is likely to have a positive short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100