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

Ceragon Networks

04/02/2022 15:09

* Ceragon Networks Ltd  CRNT.OQ   CRNT.O  is expected
to show a
rise in quarterly revenue when it reports  results on February
7. 
    * The Tel Aviv-yafo Israel-based   company is expected to
report 
a 4.3% increase in revenue to $77.184 million from $74 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 earnings of 1 cent per share. For the same quarter last
year, the company reported a loss of 4 cents 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 $6​, about 62.7% above​ its last closing price
of $2.24. ​​​
    * 

This summary was machine generated February 4 at 15:09 GMT.  All
figures in US dollars  unless otherwise stated