Cantaloupe (CTLP) Q1 Earnings: How Key Metrics Compare to Wall Street Estimates

Cantaloupe (CTLP) reported $70.84 million in revenue for the quarter ended September 2024, representing a year-over-year increase of 13%. EPS of $0.04 for the same period compares to $0.02 a year ago.The reported revenue compares to the Zacks Consensus Estimate of $70.54 million, representing a surprise of +0.42%. The company has not delivered EPS surprise, with the consensus EPS estimate being $0.04.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.Here is how Cantaloupe performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts: Gross Margin - Equipment sales: 11.4% compared to the 6.8% average estimate based on two analysts. Gross Margin - Subscription and transaction fees: 41.2% versus the two-analyst average estimate of 43.1%. Revenues- Subscription and transaction fees: $63.79 million versus the three-analyst average estimate of $63.79 million. The reported number represents a year-over-year change of +15.7%. Revenues- Equipment sales: $7.04 million compared to the $6.66 million average estimate based on three analysts. The reported number represents a change of -6.7% year over year. Revenues- Subscription and transaction fees- Transaction fees: $43.60 million versus the two-analyst average estimate of $43.03 million. The reported number represents a year-over-year change of +17.9%. Revenues- Subscription and transaction fees- Subscription fees: $20.19 million versus the two-analyst average estimate of $20.53 million. The reported number represents a year-over-year change of +11.5%. View all Key Company Metrics for Cantaloupe here>>>Shares of Cantaloupe have returned +4.2% over the past month versus the Zacks S&P 500 composite's +3.2% change. The stock currently has a Zacks Rank #2 (Buy), indicating that it could outperform the broader market in the near term.Free Today: Profiting from The Future’s Brightest Energy SourceThe demand for electricity is growing exponentially. At the same time, we’re working to reduce our dependence on fossil fuels like oil and natural gas. Nuclear energy is an ideal replacement.Leaders from the US and 21 other countries recently committed to TRIPLING the world’s nuclear energy capacities. This aggressive transition could mean tremendous profits for nuclear-related stocks – and investors who get in on the action early enough.Our urgent report, Atomic Opportunity: Nuclear Energy's Comeback, explores the key players and technologies driving this opportunity, including 3 standout stocks poised to benefit the most.Download Atomic Opportunity: Nuclear Energy's Comeback free today.Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Cantaloupe, Inc. (CTLP): Free Stock Analysis ReportTo read this article on Zacks.com click here.Zacks Investment ResearchWeiter zum vollständigen Artikel bei Zacks Weiter zum vollständigen Artikel bei Zacks