Calix Inc expected to post earnings of 28 cents a share - Earnings Preview
17/04/2023 22:05
* Calix Inc CALX.N CALX.K is expected to show a rise in
quarterly revenue when it reports results on April 19.
* The San Jose California-based company is expected to
report a
32.8% increase in revenue to $245.59 million from $184.95
million a year ago, according to the mean estimate from 9
analysts, based on Refinitiv data. The company's guidance on
January 25 2023, for the period ended March 31, was for revenue
between $242.00 million and $248.00 million.
* Refinitiv's mean analyst estimate for Calix Inc is for
earnings
of 28 cents per share. The company's EPS guidance on January 25
2023, for the period ended March 31, was between $0.24 and
$0.30
* The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 9 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell."
* The mean earnings estimate of analysts had fallen by
about 4.8%
in the last three months.
* Wall Street's median 12-month price target for Calix Inc
is
$80, above its last closing price of $50.31.
The company's guidance on January 25 2023 for the period ended
March 31 was for gross profit margin between USD50.5% and
USD52.5%.
Previous quarterly performance (using preferred earnings measure
in US dollars).
QUARTER STARMINESM REFINITIV ACTUAL BEAT, SURPRI
ENDING ARTESTIMAT IBES MET, SE %
E® ESTIMATE MISSED
Dec. 31 2022 0.25 0.25 0.34 Beat 35
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
Dec. 0.24 0.24 0.26 Beat 9.6
31 2021
Sep. 30 2021 0.29 0.28 0.35 Beat 23.2
Jun. 30 2021 0.27 0.27 0.38 Beat 40
Mar. 31 2021 0.19 0.19 0.39 Beat 105.1
This summary was machine generated April 17 at 21:05 GMT. All
figures in US dollars unless otherwise stated