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Calix Inc reports results for the quarter ended March 31 - Earnings Summary

Calix Inc CALX.N reported quarterly adjusted earnings of 19 cents​​ per share for the quarter ended March 31, lower than the same quarter last year, when the company reported EPS of 21 cents.  The mean expectation of six analysts for the quarter was for earnings of 13 cents per share. Wall Street expected results to range from 12 cents to 13 cents per share.

Revenue fell 2.7% to $220.24 million from a year ago; analysts expected $206.98 million.

Calix Inc's reported EPS for the quarter was a loss of 7 cents​.

The company reported a quarterly loss of $4.79 million.

Calix Inc shares had fallen by 4.5% this quarter and lost 3.0% so far this year.

FORECAST CHANGES

The mean earnings estimate of analysts had risen by about 17.3% in the last three months.​

In the last 30 days, one analyst negatively revised an earnings estimate

RECOMMENDATIONS

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 5 "strong buy" or "buy," 1 "hold" and no "sell" or "strong sell." The average consensus recommendation for the communications & networking peer group is also "buy"

Wall Street's median 12-month price target for Calix Inc is $50.00

This summary was machine generated from LSEG data April 21 at 09:01 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 ENDINGESTIMATEACTUALBEAT, MET, MISSED
Mar. 31 20250.130.19Beat
Dec. 31 20240.070.08Beat
Sep. 30 20240.090.13Beat
Jun. 30 20240.060.09Beat

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