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Ceragon Networks (CRNT) Q4 Earnings Lag Estimates
CRNTCeragon Networks(CRNT) ZACKS·2025-02-11 14:30

Core Insights - Ceragon Networks (CRNT) reported quarterly earnings of 0.09pershare,missingtheZacksConsensusEstimateof0.09 per share, missing the Zacks Consensus Estimate of 0.10 per share, but showing an improvement from 0.04pershareayearago,resultinginanearningssurpriseof−100.04 per share a year ago, resulting in an earnings surprise of -10% [1] - The company posted revenues of 106.93 million for the quarter ended December 2024, exceeding the Zacks Consensus Estimate by 2.84% and up from 90.36millionyear−over−year[2]−Ceragonhassurpassedconsensusrevenueestimatestwotimesoverthelastfourquarters,whileithasonlyexceededEPSestimatesonceinthesameperiod[2]EarningsOutlook−TheimmediatepricemovementofCeragon′sstockwilllargelydependonmanagement′scommentaryduringtheearningscallandfutureearningsexpectations[3][4]−ThecurrentconsensusEPSestimatefortheupcomingquarteris90.36 million year-over-year [2] - Ceragon has surpassed consensus revenue estimates two times over the last four quarters, while it has only exceeded EPS estimates once in the same period [2] Earnings Outlook - The immediate price movement of Ceragon's stock will largely depend on management's commentary during the earnings call and future earnings expectations [3][4] - The current consensus EPS estimate for the upcoming quarter is 0.09 on revenues of 98.35million,andforthecurrentfiscalyear,itis98.35 million, and for the current fiscal year, it is 0.36 on revenues of $412.95 million [7] Industry Context - The Wireless Non-US industry, to which Ceragon belongs, is currently ranked in the bottom 30% of over 250 Zacks industries, indicating potential challenges for stock performance [8] - Empirical research suggests a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can impact Ceragon's stock performance [5][6]