CSG Systems International Inc. (CSGS) Releases FY14 Earnings Guidance
CSG Systems International Inc. (NASDAQ:CSGS) issued an update on its FY14 earnings guidance on Thursday morning. The company provided earnings per share (EPS) guidance of $2.05-2.17 for the period, compared to the Thomson Reuters consensus estimate of $2.13, American Banking News reports. The company issued revenue guidance of $745-770 million, compared to the consensus revenue estimate of $764.69 million.
Shares of CSG Systems International Inc. (NASDAQ:CSGS) opened at 26.61 on Thursday. CSG Systems International Inc. has a 52 week low of $23.02 and a 52 week high of $32.11. The stock’s 50-day moving average is $26.29 and its 200-day moving average is $26.94. The company has a market cap of $857.8 million and a P/E ratio of 19.32.
CSG Systems International (NASDAQ:CSGS) last announced its earnings results on Tuesday, May 6th. The company reported $0.52 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.51 by $0.01. The company had revenue of $188.03 million for the quarter, compared to the consensus estimate of $185.00 million. During the same quarter in the previous year, the company posted $0.48 earnings per share. The company’s revenue for the quarter was up 4.1% on a year-over-year basis. Analysts expect that CSG Systems International Inc. will post $2.13 EPS for the current fiscal year.
In other CSG Systems International news, EVP Michael J. Henderson unloaded 2,401 shares of the company’s stock in a transaction that occurred on Tuesday, July 22nd. The stock was sold at an average price of $26.64, for a total value of $63,962.64. The sale was disclosed in a document filed with the SEC, which is available at this link.
CSG Systems International, Inc (NASDAQ:CSGS) is a business support solutions provider primarily serving the communications industry.
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