Oppenheimer Brokers Increase Earnings Estimates for Consensus Cloud Solutions, Inc. (NASDAQ:CCSI)

Consensus Cloud Solutions, Inc. (NASDAQ:CCSIGet Rating) – Equities researchers at Oppenheimer lifted their FY2023 earnings estimates for Consensus Cloud Solutions in a research report issued on Tuesday, April 12th. Oppenheimer analyst I. Zaffino now expects that the company will post earnings of $5.92 per share for the year, up from their prior estimate of $5.87.

Consensus Cloud Solutions (NASDAQ:CCSIGet Rating) last issued its quarterly earnings results on Wednesday, March 2nd. The company reported 1.46 EPS for the quarter, topping analysts’ consensus estimates of 1.29 by 0.17.

Several other equities analysts also recently commented on CCSI. Wedbush lowered their price objective on Consensus Cloud Solutions from $75.00 to $67.00 in a research report on Thursday, March 3rd. Zacks Investment Research cut Consensus Cloud Solutions from a “buy” rating to a “hold” rating in a research note on Tuesday, January 11th. Finally, JMP Securities initiated coverage on Consensus Cloud Solutions in a research note on Thursday, March 3rd. They set an “outperform” rating and a $70.00 target price on the stock.

NASDAQ CCSI opened at 56.84 on Friday. The firm’s fifty day moving average is 57.84. Consensus Cloud Solutions has a fifty-two week low of 34.81 and a fifty-two week high of 69.31.

Consensus Cloud Solutions Company Profile (Get Rating)

Consensus Cloud Solutions, Inc provides information delivery services with a software-as-a-service platform worldwide. Its products and solutions include eFax, an online faxing solution, as well as MyFax and MetroFax, and other brands; eFax Corporate, a digital cloud-fax technology; jsign, a block-chain backed secure digital signature product; Consensus Unite, a single platform that allows the user to choose between several protocols to send and receive healthcare information in an environment that can integrate into an existing electronic health record (EHR) system or stand-alone if no EHR is present; and Consensus Signal, a solution that integrates with a hospital's EHR system and uses rules-based triggering logic to automatically send ADT notifications using cloud fax and direct secure messaging technology.

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Earnings History and Estimates for Consensus Cloud Solutions (NASDAQ:CCSI)

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