Constellation Software (CNSWF) to Release Earnings on Tuesday

Key Points

• Constellation Software will report quarterly results on Tuesday, May 12, with analysts projecting earnings of $25.16 per share and revenue of about $3.135 billion.
• In the prior quarter (reported Mar. 9) the company missed EPS expectations ($24.64 actual vs. $29.20 consensus) while posting $3.18 billion in revenue; analysts now forecast $117 EPS for the current fiscal year and $141 for the next.
• The stock carries a high valuation (market cap ≈ $38.7 billion, P/E ≈ 78.8) and an average Street rating of "Moderate Buy" (six Buys, one Hold, one Sell).

Constellation Software (OTCMKTS:CNSWF - Get Free Report) is projected to post its resultson Tuesday, May 12th. Analysts expect Constellation Software to post earnings of $25.16 per share and revenue of $3.1352 billion for the quarter.

Constellation Software (OTCMKTS:CNSWF - Get Free Report) last issued its quarterly earnings results on Monday, March 9th. The company reported $24.64 earnings per share for the quarter, missing the consensus estimate of $29.20 by ($4.56). Constellation Software had a net margin of 4.22% and a return on equity of 48.18%. The firm had revenue of $3.18 billion for the quarter, compared to analysts' expectations of $3.15 billion. On average, analysts expect Constellation Software to post $117 EPS for the current fiscal year and $141 EPS for the next fiscal year.

Constellation Software Price Performance

OTCMKTS:CNSWF traded up $12.00 during trading hours on Tuesday, hitting $1,827.00. 302 shares of the stock traded hands, compared to its average volume of 12,062. The company has a quick ratio of 0.94, a current ratio of 0.96 and a debt-to-equity ratio of 0.90. Constellation Software has a 1 year low of $1,612.70 and a 1 year high of $3,998.72. The company has a market cap of $38.71 billion, a price-to-earnings ratio of 78.82 and a beta of 0.97. The stock has a 50 day moving average price of $1,846.80 and a 200 day moving average price of $2,127.04.

Wall Street Analyst Weigh In

Several equities analysts have weighed in on the stock. Canadian Imperial Bank of Commerce reaffirmed an "outperform" rating on shares of Constellation Software in a report on Friday, January 16th. Zacks Research downgraded shares of Constellation Software from a "hold" rating to a "strong sell" rating in a report on Friday. Six investment analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the stock presently has an average rating of "Moderate Buy".

About Constellation Software

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.

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