Consensus Cloud Solutions Inc (CCSI) Earnings
Should You Buy CCSI Before Earnings?
Based on the last three years of earnings reports, buying CCSI stock within four weeks before its earnings date yielded an average return of -2.24%.
The best time to buy before earnings was 1 day before, which yielded an average return of 0.33% by the earnings date. The worst time was 21 days before, which yielded an average return of -5.31%.
Report dates analyzed: Mar 2 2022 - Sep 30 2024*Disclaimer: Past performances is not a guarantee of future results.
Should You Buy CCSI After Earnings?
Based on the last three years of earnings reports, on average, CCSI has gone down -1.94% shortly after its earnings date. The stock bottoms around 28 days after earnings, where it is on average -3.63% lower than its closing price on the day of earnings.
Since CCSI has typically gone down after earnings, it might be a good time to buy the dip if you believe in the stock long-term.
Report dates analyzed: Mar 2 2022 - Sep 30 2024*Disclaimer: Past performances is not a guarantee of future results.
Average Gains
The average return if you bought Consensus Cloud Solutions before its earnings report and sold at close on its earnings day.
Period | 28 Day Before | 21 Days Before | 14 Days Before | 7 Days Before | 1 Day Before | Day Of |
---|---|---|---|---|---|---|
Past 4 Earnings | 1.03% | -1.89% | 1.70% | 0.00% | 0.00% | 0.00% |
Past 8 Earnings | -6.18% | -8.86% | -4.15% | -4.18% | -0.06% | -0.27% |
Past 12 Earnings | -2.33% | -5.31% | -2.17% | -1.70% | 0.33% | -0.18% |
CCSI Earnings History
Report Date | 28 Day Before | 21 Days Before | 14 Days Before | 7 Days Before | 1 Day Before | Day Of | 1 Day After | 7 Days After | 14 Days After | 21 Days After | 28 Days After |
---|---|---|---|---|---|---|---|---|---|---|---|
2024-09-30 | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
2024-08-08 | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
2024-05-09 | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
2024-02-22 | 20.08 4.13% | 22.62 -7.56% | 19.58 6.79% | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
2023-11-09 | 24.33 -7.73% | 24.76 -9.33% | 20.83 7.78% | 21.65 3.70% | 22.61 -0.71% | 22.45 -2.39% | 21.01 -6.41% | 21.62 -3.70% | 22.14 -1.38% | 18.42 -17.95% | 25.00 11.36% |
2023-08-08 | 32.24 -3.88% | 34.96 -11.36% | 32.58 -4.88% | 31.38 -1.24% | 32.06 -3.34% | 30.99 -1.93% | 31.01 0.07% | 31.35 1.16% | 29.59 -4.52% | 31.43 1.42% | 31.49 1.61% |
2023-05-15 | 38.67 -10.37% | 38.66 -10.35% | 37.98 -8.74% | 36.16 -4.15% | 33.13 4.63% | 34.66 2.97% | 34.30 -1.04% | 36.25 4.59% | 36.21 4.47% | 34.62 -0.12% | 33.89 -2.22% |
2023-03-01 | 59.36 -31.59% | 59.94 -32.25% | 61.70 -34.18% | 59.50 -31.75% | 41.04 -1.05% | 40.61 -0.83% | 38.59 -4.97% | 36.22 -10.81% | 31.17 -23.25% | 31.85 -21.57% | 32.24 -20.61% |
2022-11-10 | 50.62 18.53% | 50.92 17.83% | 53.45 12.25% | 55.31 8.48% | 58.38 2.78% | 60.00 -1.04% | 56.51 -5.82% | 60.95 1.58% | 57.74 -3.77% | 58.40 -2.67% | 56.05 -6.58% |
2022-08-09 | 47.31 18.88% | 49.30 14.08% | 51.58 9.04% | 55.29 1.72% | 57.14 -1.58% | 56.24 -1.80% | 55.91 -0.59% | 58.26 3.59% | 53.77 -4.39% | 52.15 -7.27% | 48.61 -13.57% |
2022-05-16 | 57.91 -18.67% | 57.11 -17.53% | 54.03 -12.83% | 49.51 -4.87% | 47.95 -1.77% | 47.10 -1.77% | 48.47 2.91% | 50.70 7.64% | 49.20 4.46% | 48.23 2.40% | 38.43 -18.41% |
Methodology
We analyzed the past three years of CCSI's earnings reports to calculate the average change in price of the stock before and after earnings.
Before Earnings
For calculating the average gains if you bought prior to earnings, we looked at the closing price of 5 different dates and compared them to the closing price of CCSI on the day of the earnings report to calculate the return. The dates analyzed are:
- 28 days prior (4 weeks)
- 21 days prior (3 weeks)
- 14 days prior (2 weeks)
- 7 days prior (1 week)
- 1 day prior
This simulates an individual purchasing CCSI stock on one of those days and selling on the day of the earnings report.
After Earnings
For calculating the average gains if you bought CCSI stock on the day of earnings, we looked at the closing price of CCSI on the day of the earnings and then compared it to 5 dates after. The dates analyzed are:
- 1 day after
- 7 days after (1 week)
- 14 days after (2 weeks)
- 21 days after (3 weeks)
- 28 day after (4 weeks)
This simulates an individual purchasing CCSI stock on the day of the earnings report and then selling on one of the dates following.
Day of
To calculate the gains on the day of earnings, we compared the opening price of CCSI to the closing price on the day of earnings - regardless if the earnings call was pre- or post-market.
$CCSI I already know
tomorrow the bulls going to say "next week" just like every week.
$CCSI do what the markets tells you to do not the other way around
$CCSI nothing drops
$CCSI green shoots
$CCSI never selling
$CCSI time to run
$CCSI gonna come down hard today
$CCSI buying!
$CCSI Pamp it higher...
$CCSI who else finds themselves here after liquidating their positions for a loss only to bash on how seriously fcked up the stock market is