For the quarter ended June 2024, Cantaloupe (CTLP) reported income of $72.66 million, up 13.2% over the identical interval final yr. EPS got here in at $0.03, in comparison with $0.04 within the year-ago quarter.
The reported income compares to the Zacks Consensus Estimate of $76.14 million, representing a shock of -4.57%. The corporate delivered an EPS shock of -40.00%, with the consensus EPS estimate being $0.05.
Whereas traders scrutinize income and earnings modifications year-over-year and the way they evaluate with Wall Avenue expectations to find out their subsequent transfer, some key metrics at all times provide a extra correct image of an organization’s monetary well being.
Since these metrics play a vital function in driving the top- and bottom-line numbers, evaluating them with the year-ago numbers and what analysts estimated about them helps traders higher mission a inventory’s value efficiency.
Right here is how Cantaloupe carried out within the simply reported quarter when it comes to the metrics most generally monitored and projected by Wall Avenue analysts:
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Gross Margin – Tools gross sales
: 7.2% versus 6.1% estimated by two analysts on common.
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Gross Margin – Subscription and transaction charges
: 40.1% versus the two-analyst common estimate of 43.5%.
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Revenues- Subscription and transaction charges
: $61.13 million in comparison with the $63.08 million common estimate primarily based on three analysts. The reported quantity represents a change of +15.4% yr over yr.
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Revenues- Tools gross sales
: $11.53 million in comparison with the $12.94 million common estimate primarily based on three analysts. The reported quantity represents a change of +2.9% yr over yr.
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Revenues- Subscription and transaction fees- Transaction charges
: $41.20 million in comparison with the $42.77 million common estimate primarily based on two analysts. The reported quantity represents a change of +16% yr over yr.
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Revenues- Subscription and transaction fees- Subscription charges
: $19.90 million versus $20.05 million estimated by two analysts on common. In comparison with the year-ago quarter, this quantity represents a +14% change.
View all Key Company Metrics for Cantaloupe here>>>
Shares of Cantaloupe have returned -3.3% over the previous month versus the Zacks S&P 500 composite’s +2.5% change. The inventory at the moment has a Zacks Rank #3 (Maintain), indicating that it might carry out consistent with the broader market within the close to time period.
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Cantaloupe, Inc. (CTLP) : Free Stock Analysis Report
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The views and opinions expressed herein are the views and opinions of the creator and don’t essentially replicate these of Nasdaq, Inc.
