Calix Inc expected to post earnings of 32 cents a share - Earnings Preview
17/07/2023 21:31
* Calix Inc CALX.N CALX.K is expected to show a rise in
quarterly revenue when it reports results on July 19.
* The San Jose California-based company is expected to
report a
27.3% increase in revenue to $257.114 million from $202.04
million a year ago, according to the mean estimate from 8
analysts, based on Refinitiv data. The company's guidance on
April 19 2023, for the period ended June 30, was for revenue
between $255.00 million and $261.00 million.
* Refinitiv's mean analyst estimate for Calix Inc is for
earnings
of 32 cents per share. The company's EPS guidance on April 19
2023, for the period ended June 30, was between $0.28 and $0.34
* The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 7 "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
$80, above its last closing price of $49.61.
The company's guidance on April 19 2023 for the period ended
June 30 was for gross profit margin between USD51% and USD53%.
Previous quarterly performance (using preferred earnings measure
in US dollars).
QUARTER STARMINESM REFINITIV ACTUAL BEAT, SURPRI
ENDING ARTESTIMAT IBES MET, SE %
E® ESTIMATE MISSED
Mar. 31 2023 0.28 0.28 0.31 Beat 10.8
Dec. 31 2023 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. 0.20 0.20 0.22 Beat 12.1
31 2022
Dec. 31 2021 0.24 0.24 0.26 Beat 9.6
Sep. 30 2021 0.29 0.28 0.35 Beat 23.2
Jun. 30 2021 0.27 0.27 0.38 Beat 40
This summary was machine generated July 17 at 20:31 GMT. All
figures in US dollars unless otherwise stated