• Concentrix Corp CNXC.OQ reported quarterly adjusted earnings of $2.79​​ per share for the quarter ended February 28, higher than the same quarter last year, when the company reported EPS of $2.57. The mean expectation of four analysts for the quarter was for earnings of $2.58 per share. Wall Street expected results to range from $2.54 to $2.62 per share.

• Revenue fell 1.3% to $2.37 billion from a year ago; analysts expected $2.36 billion.

• Concentrix Corp's reported EPS for the quarter was $1.04​.

• The company reported quarterly net income of $66.84 million.

• Concentrix Corp shares had risen by 4.4% this quarter.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 10.9% in the last three months.​

• In the last 30 days, two analysts negatively revised earnings estimates

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 4 "strong buy" or "buy," 2 "hold" and no "sell" or "strong sell."

• The average consensus recommendation for the business support services peer group is also "buy"

Wall Street's median 12-month price target for Concentrix Corp is $63.50

This summary was machine generated from LSEG data March 26 at 09:39 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)