Ceva Inc Expected To Post Earnings Of 6 Cents A Share: Earnings Preview
12/02/2024 15:41
* CEVA Inc CEVA.OQ CEVA.O is expected to show a fall in
quarterly revenue when it reports results on February 14 for
the period ending December 31 2023
* The Rockville Maryland-based company is expected to
report a
27.2% decrease in revenue to $24.315 million from $33.4 million
a year ago, according to the mean estimate from 6 analysts,
based on LSEG data.The company's guidance on November 8 2023,
for the period ended December 31, was for revenue between $23.30
million and $25.30 million.
* LSEG's mean analyst estimate for CEVA Inc is for earnings
of 6
cents per share.
* The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 5 "strong buy" or "buy," 2
"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
$25.00, above its last closing price of $21.64.
The company's guidance on November 8 2023 for the period ended
December 31 was for gross profit margin of USD92%.
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 2023 0.03 0.04 0.02 Missed -44.4
Jun. 30 2023 0.07 0.07 -0.02 Missed -127
Mar. 31 2023 0.12 0.12 0.00 Missed -100
Dec. 31 2022 0.17 0.17 0.23 Beat 32.6
Sep. 0.20 0.20 0.20 Met 1.7
30 2022
Jun. 30 2022 0.17 0.17 0.18 Beat 8.9
Mar. 31 2022 0.17 0.17 0.18 Beat 3.8
Dec. 31 2021 0.19 0.19 0.22 Beat 15.8
This summary was machine generated February 12 at 15:41 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)