Calix Inc expected to post earnings of 6 cents a share - Earnings Preview
19/07/2024 22:42
* Calix Inc CALX.N CALX.K is expected to show a fall in
quarterly revenue when it reports results on July 22 for the
period ending June 30 2024
* The San Jose California-based company is expected to
report a
23.1% decrease in revenue to $200.812 million from $261.02
million a year ago, according to the mean estimate from 7
analysts, based on LSEG data.The company's guidance on April 23
2024, for the period ended June 30, was for revenue between
$197.00 million and $203.00 million.
* LSEG's mean analyst estimate for Calix Inc is for
earnings of 6
cents per share.
* The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 5 "strong buy" or "buy," 2
"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
$42.00, above its last closing price of $36.37.
Previous quarterly performance (using preferred earnings measure
in US dollars).
QUARTER STARMINESM LSEG IBES ACTUAL BEAT, SURPRI
ENDING ARTESTIMAT ESTIMATE MET, SE %
E® MISSED
Mar. 31 2024 0.20 0.22 0.21 Missed -5.8
Dec. 31 2024 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. 0.28 0.28 0.31 Beat 10.8
31 2023
Jan. 1 0001 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
This summary was machine generated July 19 at 21:42 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)