Cambium Networks Corp expected to post breakeven results a share - Earnings Preview

Cambium Networks

04/05/2022 03:04

* Cambium Networks Corp  CMBM.OQ   CMBM.O  is expected
to show a
fall in quarterly revenue when it reports  results on May 5. 
    * The Rolling Meadows Illinois-based  company is expected to
report  a 29.5% decrease in revenue to $62.419 million from
$88.52 million a year ago, according to the mean estimate from 7
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Cambium Networks
Corp is
for breakeven results per share. For the same quarter last year,
the company reported earnings of 41 cents per share.
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 6 "strong buy" or "buy," 3
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Cambium
Networks
Corp is $36.5​, above​ its last closing price of $16.40. ​​​
    * Previous quarterly performance (using preferred earnings
measure
in US dollars). ​

 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Dec. 31 2021  0.15        0.15       0.16      Beat    9.1
 Sep. 30 2021  0.14        0.20       0.23      Beat    13.4
 Jun. 30 2021  0.33        0.33       0.45      Beat    35​
 Mar. 31 2021  0.33        0.33       0.41      Beat    25.2
 ​​Dec.        0.27        0.27       0.38      Beat    39.8
 31 2020                                                
 Sep. 30 2020  0.22        0.19       0.29      Beat    50.8​
 Jun. 30 2020  0.10        0.07       0.16      Beat    126.4
 Mar. 31 2020  -0.03       -0.02      0.05      Beat    300
 This summary was machine generated May 4 at 02:04 GMT.  All
figures in US dollars  unless otherwise stated