A Preview Of Ceragon Networks's Earnings

A Preview Of Ceragon Networks's Earnings

Ceragon Networks CRNT is set to give its latest quarterly earnings report on Monday, 2022-02-07. Here's what investors need to know before the announcement.

Analysts estimate that Ceragon Networks will likely report an Earnings Per Share (EPS) of $0.01.

Ceragon Networks bulls will hope to hear the company to announce they've not only beaten that estimate, but also to provide positive guidance, or forecasted growth, for the next quarter.

New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).

Here's a look at Ceragon Networks's past performance and the resulting price change:

Quarter Q3 2021 Q2 2021 Q1 2021 Q4 2020
EPS Estimate -0.04 -0.03
EPS Actual 0.02 -0.01 -0.01 -0.04
Price Change % -3.34% 2.2% 0.0% -0.99%

Quarter Q3 2021 Q2 2021 Q1 2021 Q4 2020
EPS Estimate -0.04 -0.03
EPS Actual 0.02 -0.01 -0.01 -0.04
Price Change % -3.34% 2.2% 0.0% -0.99%

Stock Performance

Shares of Ceragon Networks were trading at $2.24 as of February 03. Over the last 52-week period, shares are down 55.82%. Given that these returns are generally negative, long-term shareholders are likely unhappy going into this earnings release.

To track all upcoming earnings announcements, click here to use Benzinga Earnings Calendar.

Posted In: BZI-EPEarnings