CSG Systems International, Inc. (CSGS) Releases FY12 Earnings Guidance
CSG Systems International, Inc. (CSGS) issued an update on its FY12 earnings guidance on Tuesday morning. The company provided earnings per share (EPS) guidance of $2.00-2.15 for the period.
CSG Systems International, Inc. (CSGS) traded down 0.56% on Tuesday, hitting $21.17. CSG Systems International, Inc. (CSGS) has a 52-week low of $12.89 and a 52-week high of $23.33. The company has a market cap of $672.7 million and a price-to-earnings ratio of 15.32.
CSG Systems International last posted its quarterly earnings results on Tuesday, October 30th. The company reported $0.50 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.47 by $0.03. The company had revenue of $190.00 million for the quarter, compared to the consensus estimate of $185.25 million. CSG Systems International’s revenue was up 3.9% compared to the same quarter last year. Analysts expect that CSG Systems International, Inc. (CSGS) will post $2.10 EPS for the current fiscal year.
A number of research firms have also recently commented on CSGS. Analysts at Citigroup downgraded shares of CSG Systems International from a buy rating to a neutral rating in a research note to investors on Tuesday, September 25th. They now have a $24.00 price target on the stock, up previously from $22.50. On a related note, analysts at Wedbush reiterated a neutral rating on shares of CSG Systems International in a research note to investors on Wednesday, August 15th. They now have a $19.00 price target on the stock. Finally, analysts at JPMorgan Chase raised their price target on shares of CSG Systems International from $18.00 to $19.00 in a research note to investors on Wednesday, August 8th. They now have a neutral rating on the stock.
CSG Systems International, Inc. (CSG) is a provider of customer interaction management solutions to the North American market.
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