Concentrix Past Earnings Performance
Past criteria checks 1/6
Concentrix has been growing earnings at an average annual rate of 21.9%, while the Professional Services industry saw earnings growing at 11.1% annually. Revenues have been growing at an average rate of 13% per year. Concentrix's return on equity is 6.8%, and it has net margins of 3.4%.
Key information
21.9%
Earnings growth rate
21.3%
EPS growth rate
| Professional Services Industry Growth | 11.0% |
| Revenue growth rate | 13.0% |
| Return on equity | 6.8% |
| Net Margin | 3.4% |
| Last Earnings Update | 29 Feb 2024 |
Recent past performance updates
Recent updates
Concentrix Corporation's (NASDAQ:CNXC) Shares Lagging The Market But So Is The Business
Mar 26
Concentrix: AI Doesn't Seem An Imminent Risk And Valuation Is Cheap
Mar 19Concentrix (NASDAQ:CNXC) Takes On Some Risk With Its Use Of Debt
Jan 29Why We're Not Concerned About Concentrix Corporation's (NASDAQ:CNXC) Share Price
Dec 25Concentrix (NASDAQ:CNXC) Is Increasing Its Dividend To $0.3025
Oct 16Concentrix (NASDAQ:CNXC) Is Paying Out A Larger Dividend Than Last Year
Oct 02A Look At The Fair Value Of Concentrix Corporation (NASDAQ:CNXC)
Feb 03Concentrix (NASDAQ:CNXC) Is Increasing Its Dividend To $0.275
Oct 08Concentrix Q3 2022 Earnings Preview
Sep 27Is Concentrix Corporation (NASDAQ:CNXC) Expensive For A Reason? A Look At Its Intrinsic Value
Sep 27Concentrix Corporation: Anatomy Of A Falling Knife
Sep 19Concentrix goes ex-dividend tomorrow
Jul 27A Look At The Intrinsic Value Of Concentrix Corporation (NASDAQ:CNXC)
Jun 17Concentrix: A Key Player In CX With The ServiceSource And PK Acquisitions
May 12Is Now The Time To Put Concentrix (NASDAQ:CNXC) On Your Watchlist?
Apr 20Concentrix Corporation: Oversold And On The Way Up
Apr 01Revenue & Expenses BreakdownBeta
How Concentrix makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 29 Feb 24 | 7,881 | 272 | 1,895 | 0 |
| 30 Nov 23 | 7,115 | 308 | 1,635 | 0 |
| 31 Aug 23 | 6,525 | 343 | 1,479 | 0 |
| 31 May 23 | 6,471 | 372 | 1,460 | 0 |
| 28 Feb 23 | 6,425 | 406 | 1,451 | 0 |
| 30 Nov 22 | 6,324 | 428 | 1,423 | 0 |
| 31 Aug 22 | 6,150 | 448 | 1,425 | 0 |
| 31 May 22 | 5,968 | 451 | 1,362 | 0 |
| 28 Feb 22 | 5,770 | 421 | 1,313 | 0 |
| 30 Nov 21 | 5,587 | 400 | 1,415 | 0 |
| 31 Aug 21 | 5,421 | 342 | 1,209 | 0 |
| 31 May 21 | 5,188 | 279 | 1,211 | 0 |
| 28 Feb 21 | 4,884 | 200 | 1,176 | 0 |
| 30 Nov 20 | 4,720 | 165 | 1,359 | 0 |
| 31 Aug 20 | 4,632 | 132 | 1,163 | 0 |
| 31 May 20 | 4,629 | 117 | 1,179 | 0 |
| 29 Feb 20 | 4,723 | 136 | 1,215 | 0 |
| 30 Nov 19 | 4,708 | 117 | 1,458 | 0 |
| 30 Nov 18 | 2,463 | 48 | 681 | 0 |
| 30 Nov 17 | 1,990 | 72 | 569 | 0 |
Quality Earnings: CNXC has a large one-off loss of $111.4M impacting its last 12 months of financial results to 29th February, 2024.
Growing Profit Margin: CNXC's current net profit margins (3.4%) are lower than last year (6.3%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: CNXC's earnings have grown significantly by 21.9% per year over the past 5 years.
Accelerating Growth: CNXC's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: CNXC had negative earnings growth (-33.1%) over the past year, making it difficult to compare to the Professional Services industry average (-1.5%).
Return on Equity
High ROE: CNXC's Return on Equity (6.8%) is considered low.