Freightos Ltd reports results for the quarter ended September 30 - Earnings Summary
Freightos Ltd CRGO.OQ reported a quarterly adjusted loss of 6 cents per share for the quarter ended September 30, higher than the same quarter last year, when the company reported EPS of -15 cents. The mean expectation of two analysts for the quarter was for a loss of 16 cents per share. Wall Street expected results to range from -22 cents to -10 cents per share.
Revenue rose 23.3% to $6.19 million from a year ago; analysts expected $5.95 million.
Freightos Ltd's reported EPS for the quarter was a loss of 6 cents.
The company reported a quarterly loss of $2.72 million.
Freightos Ltd shares had risen by 64.6% this quarter and lost 28.8% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts was unchanged in the last three months.
In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.
RECOMMENDATIONS
The current average analyst rating on the shares is "strong buy" and the breakdown of recommendations is 2 "strong buy" or "buy," no "hold" and no "sell" or "strong sell."
The average consensus recommendation for the courier, postal, air freight & land-based logistics peer group is "buy."
Wall Street's median 12-month price target for Freightos Ltd is $3.50
This summary was machine generated from LSEG data November 25 at 02:31 p.m. UTC. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)
QUARTER ENDING | ESTIMATE | ACTUAL | BEAT, MET, MISSED |
Sep. 30 2024 | -0.16 | -0.06 | Beat |
Jun. 30 2024 | -0.10 | -0.11 | Missed |
Mar. 31 2024 | -0.12 | -0.10 | Beat |
Dec. 31 2023 | -0.12 | -0.07 | Beat |
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