Ceva Inc Expected To Post Earnings Of 7 Cents A Share: Earnings Preview

Ceva

05/05/2025 14:06

CEVA Inc CEVA.OQ CEVA.O is expected to show a rise in quarterly revenue when it reports  results on May 7 for the period ending March 31 2025

The Rockville Maryland-based  company is expected to report a 19.4% increase in revenue to $26.362 million from $22.07 million a year ago, according to the mean estimate from 5 analysts, based on LSEG data.The company's guidance on February 13 2025, for the period ended March 31, was for revenue between $25.50 million and $27.50 million.

​LSEG's mean analyst estimate for CEVA Inc is for earnings of 7 cents 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 $40.00​, above​ its last closing price of $27.09. ​​​

The company's guidance on February 13 2025 for the period ended March 31 was for gross profit margin of USD88%.

Previous quarterly performance (using preferred earnings measure in US dollars). ​

QUARTER ENDING
STARMINESMARTESTIMATE®
LSEG IBES ESTIMATE
ACTUAL
BEAT, MET, MISSED
SURPRISE %
Dec. 31 2024
0.11
0.11
0.11
Met
1.9
Sep. 30 2024
0.10
0.10
0.14
Beat
44
Jun. 30 2024
0.03
0.02
0.17
Beat
628.7​
Mar. 31 2024
0.03
0.03
-0.05
Missed
-292.3
​​Dec. 31 2023
0.06
0.06
0.10
Beat
73
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

This summary was machine generated May 5 at 13:06 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)