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

Constellation Software (OTCMKTS:CNSWF) will likely be posting its results after the market closes on Friday, November 6th. Analysts expect Constellation Software to post earnings of $29.62 per share and revenue of $3.50 billion for the quarter.

Constellation Software (OTCMKTS:CNSWF) last announced its quarterly earnings data on Tuesday, August 11th. The company reported $28.70 earnings per share (EPS) for the quarter, beating 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 Up 1.2%

Shares of Constellation Software stock opened at $2,480.01 on Thursday. Constellation Software has a one year low of $1,612.70 and a one year high of $2,549.99. The company has a market cap of $52.55 billion, a P/E ratio of 24.57 and a beta of 0.96. 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 firm has a fifty day moving average of $2,175.12 and a two-hundred day moving average of $2,003.56.

Wall Street Analysts Forecast Growth

Several research analysts recently issued reports on the stock. Jefferies Financial Group reissued a “buy” rating on shares of Constellation Software in a report on Thursday, August 13th. Zacks Research lowered Constellation Software from a “strong-buy” rating to a “hold” rating in a report on Wednesday, July 29th. One investment analyst has rated the stock with a Strong Buy rating, five have given a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat.com, the company 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.