Csg Systems International Inc reports results for the quarter ended June 30 - Earnings Summary

• Csg Systems International Inc CSGS.OQ reported quarterly adjusted earnings of $1.16​​ per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of $1.02. The mean expectation of nine analysts for the quarter was for earnings of $1.05 per share. Wall Street expected results to range from $1.01 to $1.10 per share.

• Revenue rose 2.3% to $297.13 million from a year ago; analysts expected $289.55 million.

• Csg Systems International Inc's reported EPS for the quarter was 44 cents​.

• The company reported quarterly net income of $12.27 million.

• Csg Systems International Inc shares had fallen by 5.3% this quarter and gained 21.1% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 2.1% in the last three months.​

• In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 9 "strong buy" or "buy," 1 "hold" and no "sell" or "strong sell." The average consensus recommendation for the it services & consulting peer group is also "buy"

• Wall Street's median 12-month price target for Csg Systems International Inc is $75.50, about 18% above its last closing price of $61.88

This summary was machine generated from LSEG data August 6 at 09:02 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)