Constellation Software (OTCMKTS:CNSWF) Releases Earnings Results, Misses Estimates By $4.56 EPS

Constellation Software (OTCMKTS:CNSWF) posted its earnings results on Monday. The company reported $24.64 earnings per share for the quarter, missing analysts’ consensus estimates of $29.20 by ($4.56), Zacks reports. The business had revenue of $3.18 billion for the quarter, compared to the consensus estimate of $3.15 billion. Constellation Software had a return on equity of 51.25% and a net margin of 5.97%.

Constellation Software Trading Down 2.0%

Shares of OTCMKTS:CNSWF traded down $43.89 during mid-day trading on Tuesday, hitting $2,150.00. The stock had a trading volume of 275 shares, compared to its average volume of 14,365. Constellation Software has a 12-month low of $1,612.70 and a 12-month high of $3,998.72. The company’s 50 day moving average is $1,994.44 and its 200-day moving average is $2,454.89. The company has a debt-to-equity ratio of 1.01, a quick ratio of 1.00 and a current ratio of 1.02. The company has a market cap of $45.56 billion, a PE ratio of 68.41 and a beta of 1.03.

Analyst Ratings Changes

Several equities analysts have commented on the company. Canadian Imperial Bank of Commerce reissued an “outperform” rating on shares of Constellation Software in a research report on Friday, January 16th. Zacks Research downgraded Constellation Software from a “strong-buy” rating to a “hold” rating in a research note on Thursday, November 13th. Six investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to MarketBeat.com, the stock currently has a consensus 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.