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published in Blogs
Mar 31, 2022
Concentrix (CNXC, $174.18) beats earnings expectations

Concentrix (CNXC, $174.18) beats earnings expectations

Concentrix Corporation’s adjusted earnings came in at $2.85 per share for the quarter ended February 2022, surpassing the Zacks Consensus Estimate of $2.70 per share. The figure was $2.29 per share a year ago.

Revenues of $1.54 billion in the quarter exceeded the Zacks Consensus Estimate by 0.38%. This is also higher than the year-ago quarter’s revenue of $1.35 billion. The company beat consensus revenue estimates four times over the last four quarters.

The current consensus expectation on earnings-per-share is $2.76 for the coming quarter, and $12.19 for the current fiscal full-year. Consensus forecast on revenue is $1.61 billion for the coming quarter, and $6.53 billion in revenues for the current fiscal year.

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