Ceragon Networks Ltd expected to post earnings of 6 cents a share - Earnings Preview

Ceragon Networks

05/08/2024 15:42

* Ceragon Networks Ltd  CRNT.OQ   CRNT.O  is expected
to show a
rise in quarterly revenue when it reports  results on August 7
for the period ending June 30 2024
    * The Rosh Ha'ayin Israel-based   company is expected to
report a
11.6% increase in revenue to $96.112 million from $86.15 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 6 cents per share. 
    * The one available analyst rating on the shares is "buy".  
    * 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 $2.70. ​​​

This summary was machine generated August 5 at 14:42 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)