Constellation Software (OTCMKTS:CNSWF) Announces Quarterly Earnings Results, Misses Expectations By $4.56 EPS

Constellation Software (OTCMKTS:CNSWFGet Free Report) released its quarterly earnings data on Monday. The company reported $24.64 earnings per share for the quarter, missing the consensus estimate of $29.20 by ($4.56), Zacks reports. Constellation Software had a return on equity of 51.25% and a net margin of 5.97%.The firm had revenue of $3.18 billion for the quarter, compared to analyst estimates of $3.15 billion.

Constellation Software Trading Up 0.7%

OTCMKTS:CNSWF opened at $2,193.89 on Tuesday. Constellation Software has a 12 month low of $1,612.70 and a 12 month high of $3,998.72. The company has a current ratio of 1.02, a quick ratio of 1.00 and a debt-to-equity ratio of 1.01. The company has a 50-day moving average price of $1,994.44 and a 200-day moving average price of $2,454.89. The stock has a market cap of $46.49 billion, a price-to-earnings ratio of 69.80 and a beta of 1.03.

Analyst Upgrades and Downgrades

Several equities analysts have recently issued reports on CNSWF shares. Zacks Research downgraded shares of Constellation Software from a “strong-buy” rating to a “hold” rating in a research note on Thursday, November 13th. Canadian Imperial Bank of Commerce reaffirmed an “outperform” rating on shares of Constellation Software in a research report on Friday, January 16th. Six investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy”.

View Our Latest Research Report on CNSWF

About Constellation Software

(Get Free Report)

Constellation Software is a diversified software company that acquires, manages and builds mission-critical software businesses serving a wide range of specialized industries. Its primary focus is on vertical market software, delivering tailored solutions for sectors such as public transit, healthcare, utilities, construction and hospitality. Through its decentralized operating model, Constellation harnesses the expertise of individual business units to develop, implement and support software products that address specific customer needs.

Founded in 1995 by Mark Leonard and headquartered in Toronto, Canada, Constellation Software has grown organically and through strategic acquisitions.

See Also

Earnings History for Constellation Software (OTCMKTS:CNSWF)

Receive News & Ratings for Constellation Software Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Constellation Software and related companies with MarketBeat.com's FREE daily email newsletter.