Cantaloupe Inc reports results for the quarter ended in September 30 - Earnings Summary

Cantaloupe

08/11/2024 02:21

* Cantaloupe Inc  CTLP.OQ  reported quarterly adjusted
earnings of
4 cents​​ per share for the quarter ended September 30, higher
than the same quarter last year, when the company reported EPS
of 2 cents.  The mean expectation of five analysts for the
quarter was for earnings of 4 cents per share. Wall Street
expected results to range from 3 cents to 5 cents per share.
    * Revenue rose 13% to $70.84 million from a year ago;
analysts
expected $71.14 million. 
    * Cantaloupe Inc's reported EPS for the quarter was 4
cents​.
    * The company reported quarterly net income of $3.28
million.
    * Cantaloupe Inc shares had risen by 26.8% this quarter and
gained 26.6% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 16%
in the last three months.​ 
    * In the last 30 days, one analyst negatively revised an
earnings
estimate

RECOMMENDATIONS
    * 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 average consensus recommendation for the financial
technology (fintech) peer group is also "buy"

Wall Street's median 12-month price target for Cantaloupe Inc is
10.00 
This summary was machine generated from LSEG data November 8 at
02:21 a.m. UTC. ​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) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2024      0.05           0.04           Missed
 Jun. 30 2024      0.05           0.03           Missed
 Mar. 31 2024      0.04           0.06           Beat
 Dec. 31 2023      0.03           0.04           Beat