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

Calix

25/07/2022 22:01

* Calix Inc  CALX.N  reported quarterly adjusted earnings of
22
cents​​ per share for the quarter ended in June. The mean
expectation of eight analysts for the quarter was for earnings
of 19 cents per share.
    * Revenue rose 19.8% to $202.04 million from a year ago;
analysts
expected $196.02 million. 
    * Calix Inc's reported EPS for the quarter was 11 cents​.
    * The mean earnings estimate of analysts had fallen by
about 10.1%
in the last three months.​ 
    * In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
    * Calix Inc shares had risen by 32.6% this quarter and
lost 43.4%
so far this year.
    * The company reported quarterly net income of $7.52
million.
    * Wall Street's median 12-month price target for Calix Inc
is
$60.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 8 "strong buy" or "buy," no
"hold" and 1 "sell" or "strong sell." 

This summary was machine generated from Refinitiv data July 25
at 09:01 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2022      0.19           0.22           Beat
 Mar. 31 2022      0.20           0.22           Beat
 Dec. 31 2021      0.24           0.26           Beat
 Sep. 30 2021      0.28           0.35           Beat