Ceragon Networks Ltd expected to post a loss of 1 cent a share - Earnings Preview

Ceragon Networks

28/04/2023 18:19

* Ceragon Networks Ltd  CRNT.OQ   CRNT.O  is expected
to show a
rise in quarterly revenue when it reports  results on May 1. 
    * The Rosh Ha'ayin Israel-based   company is expected to
report  a
11.5% increase in revenue to $78.429 million from $70.32 million
a year ago, according to the mean estimate from 2 analysts,
based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Ceragon Networks
Ltd is
for a loss of 1 cent per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 2 "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 Ceragon
Networks
Ltd is $5.63​, above​ its last closing price of $1.82. ​​​

This summary was machine generated April 28 at 17:19 GMT.  All
figures in US dollars  unless otherwise stated