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

Calix

29/01/2024 22:02

* Calix Inc  CALX.N  reported quarterly adjusted earnings of
43
cents​​ per share for the quarter ended in December, higher than
the same quarter last year, when the company reported EPS of 34
cents.  The mean expectation of eight analysts for the quarter
was for earnings of 36 cents per share. Wall Street expected
results to range from 35 cents to 39 cents per share.
    * Revenue rose 8.3% to $264.73 million from a year ago;
analysts
expected $264.39 million. 
    * Calix Inc's reported EPS for the quarter was a loss of 6
cents​.
    * The company reported a quarterly loss of $4.14 million.
    * Calix Inc shares had fallen by 1.7% this quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts was unchanged in
the last
three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

RECOMMENDATIONS
    * 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." 
    * Wall Street's median 12-month price target for Calix Inc
is
$57.00 

This summary was machine generated from LSEG data January 29 at
10:01 p.m. UTC. ​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) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2023      0.36           0.43           Beat
 Sep. 30 2023      0.36           0.45           Beat
 Jun. 30 2023      0.32           0.36           Beat
 Mar. 31 2023      0.28           0.31           Beat