Ceragon Networks Ltd expected to post breakeven results a share - Earnings Preview

Ceragon Networks

30/09/2022 13:32

* Ceragon Networks Ltd  CRNT.OQ   CRNT.O  is expected
to show a
rise in quarterly revenue when it reports  results on October 4
(estimated). 
    * The Rosh Ha'ayin Israel-based   company is expected to
report  a
3.1% increase in revenue to $78.483 million from $76.12 million
a year ago, according to the mean estimate from 3 analysts,
based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Ceragon Networks
Ltd is
for breakeven results per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 3 "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 $4​, above​ its last closing price of $1.84. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Jun. 30 2022  -0.02       -0.02      -0.02     Met     20
 Mar. 31 2022  -0.03       -0.03      -0.03     Met     0
 Dec. 31 2021  0.00        0.01       -0.15     Missed  -1,600
                                                        ​
 Sep. 30 2021  0.00        0.00       0.00      Met     -100
 ​​Jun.        -0.04       -0.04      -0.01     Beat    75
 30 2021                                                
 Mar. 31 2021  -0.03       -0.03      -0.01     Beat    71.4​
 Dec. 31 2020  0.00        0.00       -0.04     Missed  
 Sep. 30 2020  -0.01       -0.01      0.03      Beat    400
 This summary was machine generated September 30 at 12:32 GMT. 
All figures in US dollars  unless otherwise stated