Calix Inc reports results for the quarter ended in December - Earnings Summary

Calix

25/01/2023 22:56

* Calix Inc  CALX.N  reported quarterly adjusted earnings of
34
cents​​ per share for the quarter ended in December. The mean
expectation of nine analysts for the quarter was for earnings of
25 cents per share.
    * Revenue rose 38.6% to $244.50 million from a year ago;
analysts
expected $241.20 million. 
    * Calix Inc's reported EPS for the quarter was 17 cents​.
    * The mean earnings estimate of analysts had fallen by
about 4.4%
in the last three months.​ 
    * In the last 30 days one analyst negatively revised an
earnings
estimate 
    * Calix Inc shares had fallen by 14.9% this quarter.
    * The company reported quarterly net income of $11.93
million.
    * Wall Street's median 12-month price target for Calix Inc
is
$85.00 
    * 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." 

This summary was machine generated from Refinitiv data January
25 at 10:56 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2022      0.25           0.34           Beat
 Sep. 30 2022      0.23           0.34           Beat
 Jun. 30 2022      0.19           0.22           Beat
 Mar. 31 2022      0.20           0.22           Beat