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CRNT Ceragon Networks News Story

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Ceragon Networks Ltd expected to post earnings of 9 cents a share - Earnings Preview

* Ceragon Networks Ltd  CRNT.OQ   CRNT.O  is expected
to show a
rise in quarterly revenue when it reports  results on February
11 for the period ending December 31 2024
    * The Rosh Ha'ayin Israel-based   company is expected to
report a
16.4% increase in revenue to $105.176 million from $90.36
million a year ago, according to the mean estimate from 3
analysts, based on LSEG data.
    * ​LSEG's mean analyst estimate for Ceragon Networks Ltd is
for
earnings of 9 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 $6.00​, above​ its last closing price of $5.25. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Sep. 30 2024  0.09        0.09       0.16      Beat    77.8
 Jun. 30 2024  0.06        0.06       0.11      Beat    83.3
 Mar. 31 2024  0.05        0.05       0.05      Met     11.1​
 Dec. 31 2023              0.03       0.01      Missed  -76.7
 ​​Sep.        0.03        0.03       0.04      Beat    33.3
 30 2023                                                
 Jun. 30 2023  0.01        0.02       0.02      Met     -9.1​
 Mar. 31 2023  -0.01       0.01       0.02      Beat    300
 Dec. 31 2022  0.02        0.02       -0.03     Missed  -250
 This summary was machine generated February 7 at 14:29 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)

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