CSG Systems International (CSGS) Scheduled to Post Earnings on Wednesday

CSG Systems International (NASDAQ:CSGS) is set to post its quarterly earnings results after the market closes on Wednesday, February 7th. Analysts expect CSG Systems International to post earnings of $0.65 per share for the quarter.

CSG Systems International (NASDAQ:CSGS) last issued its quarterly earnings data on Wednesday, November 1st. The technology company reported $0.64 EPS for the quarter, topping the consensus estimate of $0.63 by $0.01. The firm had revenue of $199.20 million during the quarter, compared to the consensus estimate of $194.67 million. CSG Systems International had a return on equity of 22.11% and a net margin of 7.57%. The company’s quarterly revenue was up 5.2% compared to the same quarter last year. During the same period in the prior year, the business posted $0.75 earnings per share. On average, analysts expect CSG Systems International to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Shares of CSG Systems International (CSGS) opened at $45.22 on Wednesday. The company has a market capitalization of $1,538.39, a P/E ratio of 25.26 and a beta of 1.02. CSG Systems International has a 52 week low of $35.48 and a 52 week high of $49.44. The company has a quick ratio of 2.56, a current ratio of 2.56 and a debt-to-equity ratio of 0.97.

Several analysts have recently commented on the company. BidaskClub downgraded CSG Systems International from a “hold” rating to a “sell” rating in a research note on Saturday, December 30th. Zacks Investment Research raised CSG Systems International from a “sell” rating to a “hold” rating in a research note on Tuesday, October 3rd. Finally, Stifel Nicolaus reissued a “buy” rating and issued a $47.00 price objective on shares of CSG Systems International in a research note on Friday, November 3rd.

In other news, insider Rolland B. Johns sold 2,494 shares of the stock in a transaction that occurred on Tuesday, November 21st. The stock was sold at an average price of $44.19, for a total value of $110,209.86. Following the completion of the sale, the insider now directly owns 14,556 shares of the company’s stock, valued at $643,229.64. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, EVP Kenneth M. Kennedy sold 1,903 shares of the stock in a transaction that occurred on Friday, December 1st. The stock was sold at an average price of $45.68, for a total value of $86,929.04. Following the completion of the sale, the executive vice president now directly owns 43,910 shares of the company’s stock, valued at $2,005,808.80. The disclosure for this sale can be found here. Over the last three months, insiders sold 37,500 shares of company stock valued at $1,667,195. Company insiders own 2.57% of the company’s stock.

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CSG Systems International Company Profile

CSG Systems International, Inc (CSG) is a provider of business support solutions primarily serving the communications industry. The Company provides business support solutions (BSS) to the communications service providers (CSPs), as well as clients in various industries. CSG’s solutions coordinate and manage various aspects of a service provider’s customer interactions, from the initial activation of customer accounts, to the support and fulfillment of various services, and through the calculation, presentment, and accounts receivables management of monthly customer statements.

Earnings History for CSG Systems International (NASDAQ:CSGS)

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