Convergys Affirms Outlook

Convergys ( CVG) said Wednesday that it is on track to meet its second-quarter and full-year earnings projections, which fall in line with analysts' estimates.

The business services outsourcing company expects to earn 26 cents to 29 cents a share in the quarter. Analysts expect 27 cents a share, on average. The company earned 35 cents a share in the prior-year quarter.

For the year, Convergys maintained its expected earnings of $1.01 to $1.31 a share. Analysts expect $1.13 a share. The company earned $1.34 a share last year.

Shares of the company were up about 1.5% in morning trading at $16.49.

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