Earnings Preview : Q3 2024 Is Shaping Up To Be An Important Quarter For CCC Intelligent Solutions Holdings ($CCCS)

CCC Intelligent Solutions Holdings (NYSE: CCCS) has set the date for the release of its third quarter financial results on Monday 28th October 2024, after market close. Investors and analysts will have a chance to analyze the company's performance during the quarter.

As per the projections made by financial experts on Wall Street, the company is expected to announce an estimated $0.09 profit per share for the quarter. Moreover, the firm is likely to disclose a quarterly revenue of $238.04 million.

Wall Street analysts have offered their forecasts for the company's yearly performance, predicting a total revenue of $943.38 million. At the same time, they are expecting the company to achieve per share profit of $0.36 for the fiscal year ahead.

The earnings report for the corresponding quarter in the previous year showcased a per-share income of $0.09. This considerable sum was attributed to the company's total revenue, which reached an impressive $221.15 million during that specific quarter.

Period EPS
Actual
EPS
Growth*
Revenue
Actual
Revenue
Growth*
Historical Earnings Insight
Q2 2024 $0.09 +28.6% 232.62 M +9.9%
Q1 2024 $0.09 +28.6% 227.24 M +10.9%
Q4 2023 $0.09 +28.6% 228.60 M +12.0%
Q3 2023 $0.09 +28.6% 221.15 M +11.3%
Q2 2023 $0.07 +16.7% 211.71 M +9.8%
*Growth on year-over-year basis

 

The business has scheduled a conference call on 28th October 2024 at 05:00 PM eastern time to discuss Q3 financial results.

CCC Intelligent Solutions Holdings (CCCS) closed Thursday's regular trading session at $11.15, marking a 0.63 percent upturn. During the day, CCCS shares traded between $11.08 and $11.28, with a day volume of 1.50 million shares.

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