Calix (CALX) Expected to Announce Earnings on Wednesday

Calix (NYSE:CALXGet Free Report) is anticipated to release its earnings data after the market closes on Wednesday, January 29th. Analysts expect Calix to post earnings of $0.07 per share and revenue of $203,908.43 billion for the quarter. Persons that are interested in participating in the company’s earnings conference call can do so using this link.

Calix (NYSE:CALXGet Free Report) last issued its quarterly earnings data on Monday, October 28th. The communications equipment provider reported $0.13 EPS for the quarter, topping analysts’ consensus estimates of $0.09 by $0.04. Calix had a negative net margin of 1.79% and a positive return on equity of 1.33%. The firm had revenue of $200.95 million for the quarter, compared to analyst estimates of $201.06 million. During the same quarter in the prior year, the firm earned $0.25 EPS. The company’s revenue was down 23.8% on a year-over-year basis. On average, analysts expect Calix to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Calix Trading Down 0.9 %

Shares of NYSE CALX opened at $39.19 on Monday. Calix has a 1-year low of $26.76 and a 1-year high of $44.82. The company has a 50-day moving average of $35.10 and a two-hundred day moving average of $36.20. The company has a market cap of $2.60 billion, a PE ratio of -163.30 and a beta of 1.68.

Wall Street Analyst Weigh In

Several equities analysts recently weighed in on the stock. Rosenblatt Securities restated a “buy” rating and issued a $45.00 price objective on shares of Calix in a report on Thursday, October 3rd. StockNews.com raised Calix from a “sell” rating to a “hold” rating in a research note on Tuesday, October 8th. Finally, Needham & Company LLC restated a “buy” rating and set a $45.00 target price on shares of Calix in a report on Tuesday, October 29th. Three research analysts have rated the stock with a hold rating and four have issued a buy rating to the company. Based on data from MarketBeat.com, Calix currently has a consensus rating of “Moderate Buy” and a consensus price target of $42.50.

View Our Latest Report on Calix

Calix Company Profile

(Get Free Report)

Calix, Inc, together with its subsidiaries, engages in the provision of cloud and software platforms, and systems and services in the United States, rest of Americas, Europe, the Middle East, Africa, and the Asia Pacific. Its cloud and software platforms, and systems and services enable broadband service providers (BSPs) to provide a range of services.

See Also

Earnings History for Calix (NYSE:CALX)

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