Constellation Software (CNSWF) to Release Quarterly Earnings on Tuesday

Constellation Software (OTCMKTS:CNSWF) will likely be releasing its results after the market closes on Tuesday, August 11th. Analysts expect Constellation Software to announce earnings of $27.81 per share and revenue of $3.3607 billion for the quarter.

Constellation Software (OTCMKTS:CNSWF) last announced its earnings results on Tuesday, May 12th. The company reported $24.70 earnings per share (EPS) for the quarter, missing the consensus estimate of $25.16 by ($0.46). The company had revenue of $3.18 billion during the quarter, compared to analysts’ expectations of $3.14 billion. Constellation Software had a return on equity of 47.59% and a net margin of 6.12%. On average, analysts expect Constellation Software to post $119 EPS for the current fiscal year and $137 EPS for the next fiscal year.

Constellation Software Price Performance

CNSWF traded up $37.77 during trading on Tuesday, reaching $2,202.78. The stock had a trading volume of 763 shares, compared to its average volume of 10,487. The business has a 50-day moving average of $2,012.62 and a 200-day moving average of $1,913.61. Constellation Software has a one year low of $1,612.70 and a one year high of $3,596.82. The company has a debt-to-equity ratio of 0.80, a quick ratio of 0.90 and a current ratio of 0.91. The stock has a market cap of $46.68 billion, a PE ratio of 62.83 and a beta of 0.98.

Wall Street Analyst Weigh In

A number of equities analysts have recently issued reports on CNSWF shares. Jefferies Financial Group reiterated a “buy” rating on shares of Constellation Software in a report on Saturday, May 23rd. Royal Bank Of Canada reissued an “outperform” rating on shares of Constellation Software in a report on Thursday, May 14th. National Bank Financial upgraded Constellation Software from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, May 27th. TD Securities reaffirmed a “buy” rating on shares of Constellation Software in a research note on Thursday, May 14th. Finally, BMO Capital Markets reiterated an “outperform” rating on shares of Constellation Software in a research report on Wednesday, May 13th. One investment analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat.com, Constellation Software presently has an average rating of “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.