Freightos Ltd reports results for the quarter ended September 30 - Earnings Summary

Reuters
2024-11-25
FREIGHTOS0.00%盘后
  • 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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