Cambium Networks Corp expected to post earnings of 25cents a share - Earnings Preview

Cambium Networks

14/02/2023 23:31

* Cambium Networks Corp  CMBM.OQ   CMBM.O  is expected
to show a
rise in quarterly revenue when it reports  results on February
16. 
    * The Rolling Meadows Illinois-based  company is expected to
report  a 4.3% increase in revenue to $82.104 million from
$78.71 million a year ago, according to the mean estimate from 7
analysts, based on Refinitiv data. The company's guidance on
November 3 2022, for the period ended December 31, was for
revenue between $80.00 million and $84.00 million.
    * ​Refinitiv's mean analyst estimate for Cambium Networks
Corp is
for earnings of 25 cents per share. The company's EPS guidance
on November 3 2022, for the period ended December 31, was
between $0.23 and $0.27 
    * 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 $25​, above​ its last closing price of $21.58. ​​​

The company's guidance on November 3 2022 for the period ended
December 31 was for Earnings before Interest and Taxes between
USD8.4 million and USD10.2 million.The company's guidance on
November 3 2022 for the period ended December 31 was for
Earnings before Interest, Taxes, Depreciation and Amortization
of between USD80 million and USD11.3 million.The company's
guidance on November 3 2022 for the period ended December 31 was
for Capital Expenditures between USD2 million and USD2.2
million.The company's guidance on November 3 2022 for the period
ended December 31 was for gross profit margin between USD48.7%
and USD49.7%.
Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 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. 31 2021  0.15        0.15       0.16      Beat    9.1
 ​​Sep.        0.14        0.20       0.23      Beat    13.4
 30 2021                                                
 Jun. 30 2021  0.33        0.33       0.45      Beat    35​
 Mar. 31 2021  0.33        0.33       0.41      Beat    25.2
 Dec. 31 2020  0.27        0.27       0.38      Beat    39.8
 This summary was machine generated February 14 at 23:31 GMT. 
All figures in US dollars  unless otherwise stated