Ceva Inc Expected To Post Earnings Of 17 Cents A Share: Earnings Preview

Ceva

06/05/2022 19:33

* CEVA Inc  CEVA.OQ   CEVA.O  is expected to show a rise in
quarterly revenue when it reports  results on May 10. 
    * The Rockville Maryland-based  company is expected to
report  a
29.6% increase in revenue to $32.93 million from $25.4 million a
year ago, according to the mean estimate from 6 analysts, based
on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for CEVA Inc is for
earnings
of 17 cents per share. For the same quarter last year, the
company reported earnings of 1 cent per share.
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 5 "strong buy" or "buy," 1
"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 CEVA Inc is
$59​,
above​ its last closing price of $36.29. ​​​
    * Previous quarterly performance (using preferred earnings
measure
in US dollars). ​

 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Dec. 31 2021  0.19        0.19       0.22      Beat    15.8
 Sep. 30 2021  0.17        0.17       0.20      Beat    17.3
 Jun. 30 2021  0.11        0.11       0.22      Beat    92.4​
 Mar. 31 2021  0.06        0.06       0.01      Missed  -83.3
 ​​Dec.        0.11        0.11       0.20      Beat    81.8
 31 2020                                                
 Sep. 30 2020  0.10        0.11       0.16      Beat    50.9​
 Jun. 30 2020  0.04        0.04       0.12      Beat    172.7
 Mar. 31 2020  0.05        0.05       0.11      Beat    106.3
 This summary was machine generated May 6 at 18:33 GMT.  All
figures in US dollars  unless otherwise stated