Calix Inc expected to post earnings of 9 cents a share - Earnings Preview
27/10/2024 14:48
* Calix Inc CALX.N CALX.K is expected to show a fall in
quarterly revenue when it reports results on October 28 for the
period ending September 30 2024
* The San Jose California-based company is expected to
report a
23.8% decrease in revenue to $201.063 million from $263.84
million a year ago, according to the mean estimate from 7
analysts, based on LSEG data.The company's guidance on July 23
2024, for the period ended September 30, was for revenue between
$198.00 million and $204.00 million.
* LSEG's mean analyst estimate for Calix Inc is for
earnings of 9
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
45.00, above its last closing price of $38.02.
Previous quarterly performance (using preferred earnings measure
in US dollars).
QUARTER STARMINESM LSEG IBES ACTUAL BEAT, SURPRI
ENDING ARTESTIMAT ESTIMATE MET, SE %
E® MISSED
Jun. 30 2024 0.06 0.06 0.09 Beat 40
Mar. 31 2024 0.20 0.22 0.21 Missed -5.8
Jan. 1 0001 0.36 0.36 0.43 Beat 18.6
Sep. 30 2023 0.36 0.36 0.45 Beat 26.3
Jun. 0.31 0.32 0.36 Beat 14.3
30 2023
Mar. 31 2023 0.28 0.28 0.31 Beat 10.8
Dec. 31 2022 0.25 0.25 0.34 Beat 35
Sep. 30 2022 0.23 0.23 0.34 Beat 50.7
This summary was machine generated October 27 at 14:47 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)