Cantaloupe (CTLP) Expected to Announce Quarterly Earnings on Thursday

Cantaloupe (NASDAQ:CTLP) is expected to be issuing its quarterly earnings data after the market closes on Thursday, February 6th. Analysts expect the company to announce earnings of $0.06 per share and revenue of $75.41 million for the quarter. Cantaloupe has set its FY 2025 guidance at EPS.Persons that are interested in participating in the company’s earnings conference call can do so using this link.

Cantaloupe (NASDAQ:CTLP) last posted its quarterly earnings results on Thursday, November 7th. The technology company reported $0.04 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.04. The company had revenue of $70.84 million for the quarter, compared to analyst estimates of $70.54 million. Cantaloupe had a net margin of 4.90% and a return on equity of 7.53%. During the same quarter in the previous year, the firm posted $0.02 earnings per share. On average, analysts expect Cantaloupe to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Cantaloupe Stock Up 2.6 %

CTLP opened at $8.42 on Wednesday. The company has a 50 day moving average of $8.96 and a 200 day moving average of $8.21. The company has a current ratio of 1.60, a quick ratio of 1.03 and a debt-to-equity ratio of 0.19. Cantaloupe has a 12 month low of $5.74 and a 12 month high of $10.48. The company has a market cap of $614.58 million, a PE ratio of 49.53 and a beta of 1.64.

Wall Street Analysts Forecast Growth

A number of research firms recently issued reports on CTLP. Northland Securities boosted their price objective on Cantaloupe from $10.00 to $12.00 and gave the company an “outperform” rating in a research note on Monday, November 11th. Barrington Research reiterated an “outperform” rating and set a $12.00 price target on shares of Cantaloupe in a research report on Monday. Finally, Benchmark increased their price target on shares of Cantaloupe from $10.00 to $11.00 and gave the stock a “buy” rating in a report on Friday, November 8th.

About Cantaloupe

Cantaloupe, Inc, a digital payments and software services company, provides technology solutions for self-service commerce market. The company offers integrated solutions for payments processing, logistics, and back-office management. It also provides G11 cashless and pulse kits that are 4G LTE digital payment devices for payment and consumer engagement applications; G11 chip kit, a digital reader that accepts contact EMV and contactless EMV payment methods; Engage series comprising Engage and Engage Combo, which are digital touchscreen devices that offers networking, security, and interactivity payment methods; and card touchscreen card readers, including P66, P100, P100Pro, and P30.