Convergys Corp. Q2 adjusted earnings Inline With Estimates

(RTTNews) - Convergys Corp. (CVG) announced earnings for second quarter that fell from last year.

The company's earnings came in at $13.9 million, or $0.14 per share. This compares with $39.8 million, or $0.40 per share, in last year's second quarter.

Excluding items, Convergys Corp. reported adjusted earnings of $35.7 million or $0.36 per share for the period.

Analysts had expected the company to earn $0.36 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter fell 5.4% to $649.4 million from $686.8 million last year.

Convergys Corp. earnings at a glance:

-Earnings (Q2): $35.7 Mln. vs. $46.1 Mln. last year. -EPS (Q2): $0.36 vs. $0.46 last year. -Analysts Estimate: $0.36 -Revenue (Q2): $649.4 Mln vs. $686.8 Mln last year.