Calix Inc expected to post earnings of 36 cents a share - Earnings Preview

Calix

26/01/2024 22:11

* Calix Inc  CALX.N   CALX.K  is expected to show a rise in
quarterly revenue when it reports  results on January 29 for the
period ending December 31 2023
    * The San Jose California-based  company is expected to
report a
8.1% increase in revenue to $264.387 million from $244.5 million
a year ago, according to the mean estimate from 8 analysts,
based on LSEG data.
    * ​LSEG's mean analyst estimate for Calix Inc is for
earnings of
36 cents per share. 
    * 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
$57.00​, above​ its last closing price of $42.95. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 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. 31 2022  0.25        0.25       0.34      Beat    35
 ​​Sep.        0.23        0.23       0.34      Beat    50.7
 30 2022                                                
 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. 31 2021  0.24        0.24       0.26      Beat    9.6
 This summary was machine generated January 26 at 22:11 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)