Cantaloupe Inc expected to post earnings of 4 cents a share - Earnings Preview

Cantaloupe

08/05/2024 03:02

* Cantaloupe Inc  CTLP.OQ   CTLP.O  is expected to show a
rise in
quarterly revenue when it reports  results on May 9 for the
period ending March 31 2024
    * The Malvern Pennsylvania-based  company is expected to
report a
15.7% increase in revenue to $69.818 million from $60.36 million
a year ago, according to the mean estimate from 5 analysts,
based on LSEG data.
    * ​LSEG's mean analyst estimate for Cantaloupe Inc is for
earnings
of 4 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 6 "strong buy" or "buy," no
"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 Cantaloupe
Inc is
$10.00​, above​ its last closing price of $5.97. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Dec. 31 2023  0.04        0.03       0.04      Beat    45.5
 Sep. 30 2023  0.01        0.01       0.02      Beat    100
 Jun. 30 2023  0.05        0.05       0.04      Missed  -20​
 Mar. 31 2023  0.04        0.04       0.09      Beat    107.7
 ​​Jan.        -0.02       -0.01      0.02      Beat    300
 1 0001                                                 
 Sep. 30 2022  -0.04       -0.01      -0.13     Missed  -1,200
                                                        ​
 Jun. 30 2022  0.00        -0.01      -0.03     Missed  -140
 Mar. 31 2022  -0.02       -0.02      0.03      Beat    250
 This summary was machine generated May 8 at 02:02 GMT.  All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)