Convergys Corp. (CVG) Tops Q2 EPS by 2c; Raises Guidance and Stock Buyback

July 31, 2012 5:10 PM EDT
Convergys Corp. (NYSE: CVG) reported Q2 EPS of $0.19, $0.02 better than the analyst estimate of $0.17. Revenue for the quarter came in at $491 million versus the consensus estimate of $483.85 million.

Convergys Corp. sees FY2012 EPS of $0.80-$0.85, versus prior guidance of $0.75-$0.80 and the consensus of $0.79.

The company also announced that the Board of Directors approved increasing the authorization for share repurchases to $250 million in the aggregate.

For earnings history and earnings-related data on Convergys Corp. (CVG) click here.

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