A Preview Of Ceragon Networks's Earnings
Portfolio Pulse from Benzinga Insights
Ceragon Networks (NASDAQ:CRNT) is set to release its latest quarterly earnings report on November 6, 2023. Analysts estimate an earnings per share (EPS) of $0.03. The company's past performance shows a pattern of share price drops following earnings beats. The stock is currently trading at $1.71, down 4.5% over the last 52-week period.
November 03, 2023 | 5:01 pm
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Ceragon Networks is expected to report an EPS of $0.03. The company's stock has historically dropped following earnings beats. The stock is currently down 4.5% over the last 52 weeks.
Ceragon Networks has a history of its share price dropping following earnings beats. Given this pattern, and the fact that the stock is already down 4.5% over the last 52 weeks, it is likely that the stock will continue to decline in the short term, especially if the company beats earnings estimates again.
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IMPORTANCE 80
RELEVANCE 100