Convergys earns USD760.53m in Q3

Convergys Corp posted its quarterly earnings data, reporting USD0.46 EPS for the quarter, hitting the Zacks’ consensus estimate of $0.46. The company earned USD741m in Q3, compared to the consensus estimate of USD760.53m. During the same period in the prior year, the business posted $0.45 EPS. The company’s quarterly revenue was down 0.1% on a year-over-year basis. It also announced that for 2016, the company now expects adjusted EPS growth of 4% to 5%, revised from prior guidance of 7% to 9%. Consolidated adjusted EBITDA margin is expected to approximate 12.5%, revised from prior guidance to approximate 12.9%. The company expects 2016 consolidated constant currency revenue growth to be flat.

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