Calix Inc CALX.N, CALX.K is expected to show a fall in quarterly revenue when it reports results on January 29 for the period ending December 31 2024
The San Jose California-based company is expected to report a 23.0% decrease in revenue to $203.912 million from $264.73 million a year ago, according to the mean estimate from 7 analysts, based on LSEG data.The company's guidance on October 29 2024, for the period ended December 31, was for revenue between $201.00 million and $207.00 million.
LSEG's mean analyst estimate for Calix Inc is for earnings of 7 cents per share.
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 5 "strong buy" or "buy," 2 "hold" and no "sell" or "strong sell."
The mean earnings estimate of analysts was unchanged in the last three months.
Wall Street's median 12-month price target for Calix Inc is $45.00, above its last closing price of $39.08.
Previous quarterly performance (using preferred earnings measure in US dollars).
QUARTER ENDING | STARMINESMARTESTIMATE® | LSEG IBES ESTIMATE | ACTUAL | BEAT, MET, MISSED | SURPRISE % |
Sep. 30 2024 | 0.09 | 0.09 | 0.13 | Beat | 44.2 |
Jun. 30 2024 | 0.06 | 0.06 | 0.09 | Beat | 40 |
Mar. 31 2024 | 0.20 | 0.22 | 0.21 | Missed | -5.8 |
Dec. 31 2023 | 0.36 | 0.36 | 0.43 | Beat | 18.6 |
Sep. 30 2023 | 0.36 | 0.36 | 0.45 | Beat | 26.3 |
Jun. 30 2023 | 0.31 | 0.32 | 0.36 | Beat | 14.3 |
Mar. 31 2023 | 0.28 | 0.28 | 0.31 | Beat | 10.8 |
Dec. 31 2022 | 0.25 | 0.25 | 0.34 | Beat | 35 |
This summary was machine generated January 27 at 21:02 GMT. 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)