CCC Intelligent Solutions Holdings Inc reports results for the quarter ended December 31 - Earnings Summary

Reuters
26 Feb
CCC Intelligent Solutions Holdings Inc reports results for the quarter ended December 31 - Earnings Summary
  • CCC Intelligent Solutions Holdings Inc CCCS.OQ reported quarterly adjusted earnings of 10 cents​​ per share for the quarter ended December 31, higher than the same quarter last year, when the company reported EPS of 9 cents. The mean expectation of eleven analysts for the quarter was for earnings of 10 cents per share. Wall Street expected results to range from 9 cents to 11 cents per share.

  • Revenue rose 7.8% to $246.46 million from a year ago; analysts expected $245.12 million.

  • CCC Intelligent Solutions Holdings Inc's reported EPS for the quarter was 1 cent​.

  • The company reported quarterly net income of $4.85 million.

  • CCC Intelligent Solutions Holdings Inc shares had fallen by 12.8% this quarter.

FORECAST CHANGES

  • The mean earnings estimate of analysts had fallen by about 0.3% 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 10 "strong buy" or "buy," 3 "hold" and no "sell" or "strong sell."

  • The average consensus recommendation for the software peer group is also "buy"

Wall Street's median 12-month price target for CCC Intelligent Solutions Holdings Inc is $14.00

This summary was machine generated from LSEG data February 26 at 01:21 a.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)

QUARTER ENDING

ESTIMATE

ACTUAL

BEAT, MET, MISSED

Dec. 31 2024

0.10

0.10

Met

Sep. 30 2024

0.09

0.10

Beat

Jun. 30 2024

0.08

0.09

Beat

Mar. 31 2024

0.08

0.09

Beat

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