CSG Systems International (NASDAQ: CSGS) will be releasing its next round of earnings this Wednesday, August 05. For all of the relevant information, here is your guide for Wednesday's Q2 earnings announcement.
Earnings and Revenue
CSG Systems International EPS is expected to be around $0.7, according to sell-side analysts. Sales will likely be near $222.83 million. In the same quarter last year, CSG Systems International reported EPS of $0.850 on revenue of $245.86 million. If the company were to match the consensus estimate when it reports Wednesday, earnings would be down 17.65%. Here's how the CSG Systems International's reported EPS has stacked up against analyst estimates in the past:
|Quarter||Q1 2020||Q4 2020||Q3 2019||Q2 2019|
|Revenue Estimate||226.77 M||230.50 M||229.17 M||227.47 M|
|Revenue Actual||245.62 M||254.75 M||251.41 M||245.86 M|
Shares of CSG Systems International were trading at $42.78 as of August 05. Over the last 52-week period, shares are down 10.94%. Given that these returns are generally negative, long-term shareholders are likely a little upset going into this earnings release.
Don't be surprised to see the stock move on comments made during its conference call. CSG Systems International is scheduled to hold the call at 17:00:00 ET and can be accessed here: https://event.on24.com/eventRegistration/EventLobbyServlet?target=reg20.jsp&referrer=https%3A%2F%2Fir.csgi.com%2Finvestors%2Fdefault.aspx&eventid=2403427&sessionid=1&key=E388E0E474D73BAA6E6512FE9A0492ED®Tag=&sourcepage=register
See more from Benzinga
© 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.