Tuesday, Convergys Corp. (CVG) said its fourth-quarter net income was $41.6 million or $0.33 per share compared with a loss of $29.3 million or $0.24 per share in the prior year period. On average, 14 analysts polled by Thomson Reuters expected the company to report earnings of $0.31 per share for the quarter.
Revenues for the quarter declined to $684.4 million from $703.7 million in the comparable period. Thirteen analysts estimated revenues of $663.70 million for the quarter.
For 2010, Convergys expects earnings per share of $1.05 - $1.20. Revenue for the year is anticipated to be around $2.6 billion. Fourteen analysts estimate earnings of $1.17 per share and thirteen analysts estimate revenues of $2.72 billion for the year.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.