Cambium Networks Corp expected to post earnings of 20  cents a share - Earnings Preview

Cambium Networks

06/05/2023 03:07

* Cambium Networks Corp  CMBM.OQ   CMBM.O  is expected
to show a
rise in quarterly revenue when it reports  results on May 8. 
    * The Rolling Meadows Illinois-based  company is expected to
report  a 24.0% increase in revenue to $76.729 million from
$61.9 million a year ago, according to the mean estimate from 7
analysts, based on Refinitiv data. The company's guidance on
February 16 2023, for the period ended March 31, was for revenue
between $74.00 million and $80.00 million.
    * ​Refinitiv's mean analyst estimate for Cambium Networks
Corp is
for earnings of 20 cents per share. The company's EPS guidance
on February 16 2023, for the period ended March 31, was between
$0.14 and $0.23 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 5 "strong buy" or "buy," 2
"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 $26.25​, above​ its last closing price of $14.14. ​​​

The company's guidance on February 16 2023 for the period ended
March 31 was for Earnings before Interest and Taxes between
USD5.8 million and USD9 million.The company's guidance on
February 16 2023 for the period ended March 31 was for Earnings
before Interest, Taxes, Depreciation and Amortization of between
USD74 million and USD10 million.The company's guidance on
February 16 2023 for the period ended March 31 was for Capital
Expenditures between USD3 million and USD4 million.The company's
guidance on February 16 2023 for the period ended March 31 was
for gross profit margin between USD49.2% and USD50.8%.
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 2022  0.25        0.25       0.36      Beat    41.6
 Sep. 30 2022  0.19        0.19       0.40      Beat    113.7
 Jun. 30 2022  0.06        0.06       0.18      Beat    196.7​
 Mar. 31 2022  -0.03       0.00       0.01      Beat    400.3
 ​​Dec.        0.15        0.15       0.16      Beat    9.1
 31 2021                                                
 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
 This summary was machine generated May 6 at 02:07 GMT.  All
figures in US dollars  unless otherwise stated