Freightos (CRGO) Expected to Announce Earnings on Tuesday

Freightos (NASDAQ:CRGO) is expected to be posting its Q1 2025 quarterly earnings results before the market opens on Tuesday, May 20th. Analysts expect Freightos to post earnings of ($0.10) per share and revenue of $6.78 million for the quarter. Freightos has set its FY 2025 guidance at EPS and its Q1 2025 guidance at EPS.

Freightos (NASDAQ:CRGO) last released its earnings results on Monday, February 24th. The company reported ($0.20) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.09) by ($0.11). The firm had revenue of $6.59 million during the quarter, compared to analyst estimates of $6.80 million. Freightos had a negative return on equity of 20.80% and a negative net margin of 71.11%. On average, analysts expect Freightos to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Freightos Price Performance

NASDAQ CRGO opened at $2.27 on Friday. Freightos has a 1 year low of $1.27 and a 1 year high of $4.42. The business’s fifty day moving average is $2.20 and its two-hundred day moving average is $2.62. The company has a debt-to-equity ratio of 0.01, a quick ratio of 2.90 and a current ratio of 2.90. The stock has a market capitalization of $112.88 million, a P/E ratio of -6.68 and a beta of 0.06.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Freightos stock. Goldman Sachs Group Inc. purchased a new stake in Freightos Limited (NASDAQ:CRGO) in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 30,458 shares of the company’s stock, valued at approximately $73,000. Goldman Sachs Group Inc. owned 0.06% of Freightos as of its most recent SEC filing. Hedge funds and other institutional investors own 22.72% of the company’s stock.

Freightos Company Profile

Freightos Limited, together with its subsidiaries, operates a vendor-neutral booking and payment platform for international freight. It operates WebCargo, a platform for connecting carriers and forwarders; and Freightos.com, a platform for connecting service providers to importers/exporters. The company also offers software-as-a-service solutions, such as WebCargo Air for airline rates and ebookings; WebCargo AcceleRate, a multi-modal rate repository; data services; and WebCargo Airline Control Panel that enables airlines to control bookings and optimize pricing with real-time booking analytics.