Core Viewpoint - Cantaloupe (CTLP) reported quarterly earnings of $0.07 per share, exceeding the Zacks Consensus Estimate of $0.06 per share, and showing an increase from $0.04 per share a year ago, indicating a 16.67% earnings surprise [1][2] Financial Performance - The company posted revenues of $73.72 million for the quarter ended December 2024, which was 1.93% below the Zacks Consensus Estimate, compared to $65.36 million in the same quarter last year [2] - Over the last four quarters, Cantaloupe has surpassed consensus EPS estimates two times and topped consensus revenue estimates only once [2] Stock Performance - Cantaloupe shares have declined approximately 9.2% since the beginning of the year, while the S&P 500 has gained 3.1% [3] - The stock currently holds a Zacks Rank 3 (Hold), indicating expected performance in line with the market in the near future [6] Earnings Outlook - The current consensus EPS estimate for the upcoming quarter is $0.10 on revenues of $79.59 million, and for the current fiscal year, it is $0.32 on revenues of $311.07 million [7] - The trend of estimate revisions for Cantaloupe is mixed, which could change following the recent earnings report [6] Industry Context - The Financial Transaction Services industry, to which Cantaloupe belongs, is currently ranked in the bottom 47% of over 250 Zacks industries, suggesting potential challenges ahead [8]
Cantaloupe (CTLP) Beats Q2 Earnings Estimates