* Ceragon Networks Ltd CRNT.OQ reported quarterly adjusted
earnings of 9 cents per share for the quarter ended December
31, higher than the same quarter last year, when the company
reported EPS of 1 cents. The mean expectation of three analysts
for the quarter was for earnings of 9 cents per share. Wall
Street expected results to range from 9 cents to 10 cents per
share.
* Revenue rose 18.3% to $106.93 million from a year ago;
analysts
expected $105.18 million.
* Ceragon Networks Ltd's reported EPS for the quarter was 4
cents.
* The company reported quarterly net income of $3.61
million.
* Ceragon Networks Ltd shares had risen by 2.8% this
quarter.
FORECAST CHANGES
* The mean earnings estimate of analysts had fallen by
about 5.7%
in the last three months.
* In the last 30 days, one analyst negatively revised an
earnings
estimate
RECOMMENDATIONS
* 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 average consensus recommendation for the
communications &
networking peer group is also "buy"
Wall Street's median 12-month price target for Ceragon Networks
Ltd is $6.00
This summary was machine generated from LSEG data February 11 at
02:31 p.m. UTC. 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) QUARTER ENDING ESTIMATE ACTUAL BEAT, MET,
MISSED
Dec. 31 2024 0.09 0.09 Met
Sep. 30 2024 0.09 0.16 Beat
Jun. 30 2024 0.06 0.11 Beat
Mar. 31 2024 0.05 0.05 Met