Freightos Limited (CRGO) Reports Q3 Loss, Tops Revenue Estimates
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Freightos Limited (CRGO) reported a Q3 loss of $0.06 per share, which was better than the Zacks Consensus Estimate of a $0.22 loss. This is an improvement from the $0.07 loss per share reported a year ago.
November 25, 2024 | 3:45 pm
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Freightos Limited reported a Q3 loss of $0.06 per share, better than the expected $0.22 loss, showing improvement from last year's $0.07 loss.
Freightos Limited's reported loss per share was significantly better than the consensus estimate, indicating better-than-expected financial performance. This positive earnings surprise is likely to boost investor confidence and could lead to a short-term increase in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100