Calix Inc expected to post earnings of 20 cents a share - Earnings Preview
19/04/2024 21:03
* Calix Inc CALX.N CALX.K is expected to show a fall in
quarterly revenue when it reports results on April 22 for the
period ending March 31 2024
* The San Jose California-based company is expected to
report a
8.7% decrease in revenue to $228.139 million from $250.01
million a year ago, according to the mean estimate from 7
analysts, based on LSEG data.The company's guidance on January
29 2024, for the period ended March 31, was for revenue between
$225.00 million and $231.00 million.
* LSEG's mean analyst estimate for Calix Inc is for
earnings of
20 cents per share. The company's EPS guidance on January 29
2024, for the period ended March 31, was between $0.17 and
$0.23
* The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 6 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell."
* The mean earnings estimate of analysts was unchanged in
the last
three months.
* Wall Street's median 12-month price target for Calix Inc
is
$49.00, above its last closing price of $29.44.
The company's guidance on January 29 2024 for the period ended
March 31 was for gross profit margin between USD53.5% and
USD55.5%.
Previous quarterly performance (using preferred earnings measure
in US dollars).
QUARTER STARMINESM LSEG IBES ACTUAL BEAT, SURPRI
ENDING ARTESTIMAT ESTIMATE MET, SE %
E® MISSED
Dec. 31 2023 0.36 0.36 0.43 Beat 18.6
Sep. 30 2023 0.36 0.36 0.45 Beat 26.3
Jun. 30 2023 0.31 0.32 0.36 Beat 14.3
Mar. 31 2023 0.28 0.28 0.31 Beat 10.8
Dec. 0.25 0.25 0.34 Beat 35
31 2022
Sep. 30 2022 0.23 0.23 0.34 Beat 50.7
Jun. 30 2022 0.20 0.19 0.22 Beat 15.9
Mar. 31 2022 0.20 0.20 0.22 Beat 12.1
This summary was machine generated April 19 at 20:03 GMT. 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)