Constellation Software (CNSWF) Expected to Post Quarterly Earnings on Friday

Key Points

• Constellation Software is expected to report quarterly results after market close Friday, November 6. Analysts project earnings of $29.62 per share and revenue of $3.50 billion.
• In its prior quarter, the company earned $28.70 per share, beating estimates of $27.81, while revenue of $3.33 billion fell short of expectations.
• Analysts maintain an overall “Buy” rating on the stock, with one Strong Buy, five Buy, and one Hold recommendation. Shares recently traded at $2,410, near the upper end of their 52-week range.

Constellation Software (OTCMKTS:CNSWF - Get Free Report) is projected to issue its results after the market closes on Friday, November 6th. Analysts expect Constellation Software to announce earnings of $29.62 per share and revenue of $3.50 billion for the quarter.

Constellation Software (OTCMKTS:CNSWF - Get Free Report) last posted its quarterly earnings data on Tuesday, August 11th. The company reported $28.70 earnings per share for the quarter, topping the consensus estimate of $27.81 by $0.89. The company had revenue of $3.33 billion for the quarter, compared to analysts' expectations of $3.36 billion. Constellation Software had a net margin of 7.60% and a return on equity of 47.37%. On average, analysts expect Constellation Software to post $119.33 EPS for the current fiscal year and $133.81 EPS for the next fiscal year.

Constellation Software Stock Performance

Constellation Software stock opened at $2,410.00 on Friday. Constellation Software has a fifty-two week low of $1,612.70 and a fifty-two week high of $2,670.00. The company has a debt-to-equity ratio of 0.79, a quick ratio of 0.89 and a current ratio of 0.90. The stock has a market cap of $51.07 billion, a P/E ratio of 23.96 and a beta of 1.00. The firm's fifty day moving average price is $2,157.69 and its 200-day moving average price is $1,999.63.

Analyst Upgrades and Downgrades

CNSWF has been the subject of several research analyst reports. Jefferies Financial Group reaffirmed a "buy" rating on shares of Constellation Software in a research note on Thursday, August 13th. Zacks Research lowered Constellation Software from a "strong-buy" rating to a "hold" rating in a research report on Wednesday, July 29th. One research analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating and one has issued a Hold rating to the company. According to MarketBeat.com, Constellation Software presently has an average rating of "Buy".

About Constellation Software

Constellation Software Inc is a Canadian technology company that acquires, manages and develops vertical market software businesses. Its portfolio companies provide specialized software and related services to organizations in industries where customers typically require solutions tailored to specific operational, regulatory and workflow needs.

The company serves a broad range of markets, including the public sector, healthcare, education, hospitality, financial services, construction, real estate, transportation and other commercial industries.

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