Ceragon Networks Ltd expected to post earnings of 5 cents a share - Earnings Preview

Ceragon Networks

03/05/2024 17:13

* Ceragon Networks Ltd  CRNT.OQ   CRNT.O  is expected
to show a
rise in quarterly revenue when it reports  results on May 7 for
the period ending March 31 2024
    * The Rosh Ha'ayin Israel-based   company is expected to
report a
4.8% increase in revenue to $87.41 million from $83.41 million a
year ago, according to the estimate from one analyst, based on
LSEG data.
    * ​LSEG's mean analyst estimate for Ceragon Networks Ltd is
for
earnings of 5 cents 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 $2.86. ​​​

This summary was machine generated May 3 at 16:13 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)