Consensus Cloud Solutions (NASDAQ:CCSI) Posts Earnings Results, Misses Estimates By $0.10 EPS

Consensus Cloud Solutions (NASDAQ:CCSI) announced its quarterly earnings data on Wednesday. The company reported $1.09 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.19 by ($0.10), Zacks reports. Consensus Cloud Solutions had a net margin of 25.52% and a negative return on equity of 76.49%. The business had revenue of $86.98 million during the quarter, compared to analyst estimates of $85.07 million. Consensus Cloud Solutions updated its FY 2025 guidance to 5.030-5.420 EPS and its Q1 2025 guidance to 1.260-1.360 EPS.

Consensus Cloud Solutions Stock Down 8.7 %

Shares of NASDAQ:CCSI opened at $25.60 on Friday. Consensus Cloud Solutions has a 12 month low of $11.62 and a 12 month high of $32.10. The company’s 50-day moving average price is $25.86 and its two-hundred day moving average price is $23.84. The firm has a market cap of $494.08 million, a P/E ratio of 5.54 and a beta of 1.45.

Analyst Ratings Changes

A number of equities analysts have recently issued reports on CCSI shares. Citigroup increased their price objective on shares of Consensus Cloud Solutions from $19.00 to $20.00 and gave the company a “sell” rating in a research note on Friday, January 17th. Wedbush increased their target price on shares of Consensus Cloud Solutions from $24.00 to $32.00 and gave the stock an “outperform” rating in a research report on Friday, November 8th. Oppenheimer increased their target price on shares of Consensus Cloud Solutions from $27.00 to $32.00 and gave the stock an “outperform” rating in a research report on Thursday. Finally, BTIG Research increased their target price on shares of Consensus Cloud Solutions from $30.00 to $32.00 and gave the stock a “buy” rating in a research report on Monday, November 11th. Two analysts have rated the stock with a sell rating and three have given a buy rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus target price of $27.40.

Consensus Cloud Solutions Company Profile

Consensus Cloud Solutions, Inc, together with its subsidiaries, provides information delivery services with a software-as-a-service platform worldwide. The company offers eFax Corporate, a digital cloud-fax technology; Unite, a single platform that allows the user to choose between various protocols to send and receive healthcare information and can integrate into an existing electronic health record system or stand-alone if no EHR is present.