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published in Blogs
Oct 01, 2022
Concentrix (CNXC, $109.76) misses Q3 Zacks Consensus Estimate

Concentrix (CNXC, $109.76) misses Q3 Zacks Consensus Estimate

Concentrix Corporation posted its latest quarter earnings and revenue, both growing from the year-ago levels, but lagging consensus estimates (according to Zacks Equity Research report).

The company posted its third quarter (ending August) adjusted earnings of $2.95 per share, that fell short of Zacks Consensus Estimate of $2.97 per share. The figure, however, was higher than the year-ago quarter’s $2.49 per share.

Revenues grew to $1.58 billion (from year-ago level of $1.4 billion), missing the Zacks Consensus Estimate by 0.67%.

Related Tickers: CNXC