Key Developments: Convergys Corp (CVG)
18.12USD
17 May 2013
$0.17 (+0.95%)
$17.95
$18.08
$18.15
$18.01
366,960
479,028
$18.30
$12.97
Latest Key Developments (Source: Significant Developments)
Convergys Corp Raises FY 2013 Guidance
Convergys Corp announced that for fiscal 2103, it expects revenue to exceed $2.055 billion, revised from prior guidance to exceed $2.045 billion, adjusted EBITDA to exceed $248 million, improved from prior guidance to exceed $245 million, and adjusted earnings per share (EPS) to exceed $1.05, improving from prior guidance to exceed $1.00. According to I/B/E/S Estimates, analysts on an average are expecting the Company to report revenue of $2.058 billion, EBITDA of $240 million and EPS of $1.03 for fiscal 2013. Full Article
Convergys Corp Announces Quarterly Dividend
Convergys Corp announced that paid its quarterly dividend of $0.06 per share in April to holders of record at the close of business on March 22, 2013. The next dividend payment is scheduled to be made on July 5, 2013, to shareholders of record at the close of business on June 21, 2013. Full Article
Convergys Corp Declares Regular Quarterly Dividend; Authorizes Share Repurchase
Convergys Corp announced that the Board of Directors approved raising its regular quarterly dividend 20% to $0.06 per share and increasing the authorization for share repurchase to $250 million in the aggregate. Full Article
Convergys Corp Issues FY 2013 Guidance; Earnings Guidance Above Analysts' Estimates
Convergys Corp announced that for fiscal 2013, it expects revenue to exceed $2.045 billion, adjusted EBITDA to exceed $245 million and adjusted EPS to exceed $1.00. According to I/B/E/S Estimates, analysts on an average are expecting the Company to report revenue of $2.076 billion, EBITDA of $234 million and EPS of $0.91 for fiscal 2013. Full Article
Convergys Corp Raises Low End Of Prior FY 2012 Revenue Guidance To A Range In Line With Analysts' Estimates; Raises FY 2012 Earnings Guidance
Convergys Corporation announced that for fiscal 2012, it expects customer management revenue of $1.985-$2 billion, adjusted EBITDA of $235-$239 million, and adjusted earnings per share (EPS) of $0.89-$0.92. According to I/B/E/S Estimates, analysts on an average are expecting the Company to report revenue of $2 billion, EBITDA of $229 million and EPS of $0.84 for fiscal 2012. Full Article
Convergys Corporation Announces Increase In Share Repurchase
Convergys Corporation announced that the Board of Directors of the Company increased the current authorization to purchase outstanding shares to $250 million. Full Article
Convergys Corporation Reaffirms FY 2012 Revenue Guidance; Raises FY 2012 Earnings Guidance
Convergys Corporation announced that for fiscal 2012, it expects customer management revenue of $1.975-$2 billion. Adjusted EBITDA of $225-$232 million, rising from prior guidance of $220-$230 million and Adjusted earnings per share (EPS) of $0.80-$0.85, rising from prior guidance of $0.75-$0.80. According to I/B/E/S Estimates, analysts on an average are expecting the Company to report revenue of $2 billion, EBITDA of $221 million and and EPS of $0.79 for fiscal 2012. Full Article
Convergys Corporation Announces Authorization Of $0.05/Share Quarterly Dividend
Convergys Corporation announced that the Board of Directors of the Company authorized its next quarterly dividend of $0.05 per share. The payment of the dividend will be made on October 5, 2012, to shareholders of record at the close of business on September 21, 2012. Full Article
Convergys Corporation Raises FY 2012 Guidance
Convergys Corporation announced that for fiscal 2012, it expects customer management revenue of $1.975-$2 billion, revised from prior guidance to exceed $1.960 billion, Adjusted EBITDA of $220-$230 million, improving from prior guidance of adjusted EBITDA of $215-$225 million and Adjusted EPS of $0.75-$0.80, improving from prior guidance of adjusted earnings per share (EPS) of $0.70-$0.75. According to I/B/E/S Estimates, analysts on an average are expecting the Company to report revenue of $2.310 billion, net income of $121 million and EPS of $1.01 for fiscal 2012. Full Article
Convergys Corporation Reaffirms FY 2012 Guidance
Convergys Corporation announced that its confirming its expectations for continuing revenue growth and earnings improvement for fiscal 2012 in its customer management business. The Company reported revenue of $2.262 billion, net income of $114 million and EPS of $0.92 for fiscal 2011. According to I/B/E/S Estimates, analysts on an average are expecting the Company to report revenue of $2.310 billion, net income of $121 million and EPS of $1.01 for fiscal 2012. Full Article
Earnings vs. 
Estimates
Thomson Reuters is the world's largest international multimedia news agency, providing investing news, world news, business news, technology news, headline news, small business news, news alerts, personal finance, stock market, and mutual funds information available on Reuters.com, video, mobile, and interactive television platforms. Thomson Reuters journalists are subject to an Editorial Handbook which requires fair presentation and disclosure of relevant interests.
NYSE and AMEX quotes delayed by at least 20 minutes. Nasdaq delayed by at least 15 minutes. For a complete list of exchanges and delays, please click here.
