Concentrix (NASDAQ:CNXC) is gearing up to announce its quarterly earnings on Thursday, 2025-06-26. Here’s a quick overview of what investors should know before the release.
Analysts are estimating that Concentrix will report an earnings per share (EPS) of $2.75.
Anticipation surrounds Concentrix’s announcement, with investors hoping to hear about both surpassing estimates and receiving positive guidance for the next quarter.
New investors should understand that while earnings performance is important, market reactions are often driven by guidance.
Overview of Past Earnings
In the previous earnings release, the company beat EPS by $0.20, leading to a 42.38% increase in the share price the following trading session.
Here’s a look at Concentrix’s past performance and the resulting price change:
Quarter | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 |
---|---|---|---|---|
EPS Estimate | 2.59 | 3.01 | 2.93 | 2.62 |
EPS Actual | 2.79 | 3.26 | 2.87 | 2.69 |
Price Change % | 42.0% | 3.0% | -19.0% | 8.0% |
Performance of Concentrix Shares
Shares of Concentrix were trading at $54.08 as of June 24. Over the last 52-week period, shares are down 13.7%. Given that these returns are generally negative, long-term shareholders are likely unhappy going into this earnings release.
Analyst Insights on Concentrix
For investors, staying informed about market sentiments and expectations in the industry is paramount. This analysis provides an exploration of the latest insights on Concentrix.
Analysts have provided Concentrix with 4 ratings, resulting in a consensus rating of Neutral. The average one-year price target stands at $58.0, suggesting a potential 7.25% upside.
Understanding Analyst Ratings Among Peers
The analysis below …