Freightos Ltd expected to post a loss of 12 cents a share - Earnings Preview

Freightos

17/05/2024 14:52

* Freightos Ltd  CRGO.OQ   CRGO.O  is expected to show a
rise in
quarterly revenue when it reports  results on May 20 for the
period ending March 31 2024
    * The Jerusalem Israel-based   company is expected to report
a
9.5% increase in revenue to $5.282 million from $4.82 million a
year ago, according to the mean estimate from 3 analysts, based
on LSEG data.
    * ​LSEG's mean analyst estimate for Freightos Ltd is for a
loss
of 12 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 3 "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 Freightos
Ltd is
$4.50​, above​ its last closing price of $2.22. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Dec. 31 2023  -0.13       -0.12      -0.07     Beat    44
 Sep. 30 2023  -0.14       -0.13      -0.15     Missed  -15.4
 Jun. 30 2023  -0.14       -0.14      -0.12     Beat    14.3​
 Mar. 31 2023  -0.14       -0.14      -0.17     Missed  -21.4
 ​​                                                     
                                                        ​
 This summary was machine generated May 17 at 13:52 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)