Convergys Corp. Q1 Profit Rises 1%

(RTTNews) - Convergys Corp. (CVG) released earnings for its first quarter that rose from last year.

The company said its bottom line rose to $52.1 million, or $0.52 per share. This was up from $51.6 million, or $0.50 per share, in last year's first quarter.

Analysts had expected the company to earn $0.45 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 0.7% to $727.6 million. This was up from $722.2 million last year.

Convergys Corp. earnings at a glance:

-Earnings (Q1): $52.1 Mln. vs. $51.6 Mln. last year. -Earnings Growth (Y-o-Y): 1.0% -EPS (Q1): $0.52 vs. $0.50 last year. -EPS Growth (Y-o-Y): 4.0% -Analysts Estimate: $0.45 -Revenue (Q1): $727.6 Mln vs. $722.2 Mln last year. -Revenue Change (Y-o-Y): 0.7%