08.11.2016 22:19:45
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Convergys Corp. Earnings Rise 3% In Q3
(RTTNews) - Convergys Corp. (CVG) announced a profit for its third quarter that climbed from last year.
The company said its bottom line advanced to $47.8 million, or $0.46 per share. This was higher than $46.4 million, or $0.45 per share, in last year's third quarter.
Analysts had expected the company to earn $0.46 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.
The company said revenue for the quarter fell 0.1% to $741.2 million. This was down from $741.6 million last year.
Convergys Corp. earnings at a glance:
-Earnings (Q3): $47.8 Mln. vs. $46.4 Mln. last year. -Earnings Growth (Y-o-Y): 3.0% -EPS (Q3): $0.46 vs. $0.45 last year. -EPS Growth (Y-o-Y): 2.2% -Analysts Estimate: $0.46 -Revenue (Q3): $741.2 Mln vs. $741.6 Mln last year. -Revenue Change (Y-o-Y): -0.1%
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