Calix (NYSE:CALX - Get Free Report) issued an update on its first quarter 2025 earnings guidance on Wednesday morning. The company provided EPS guidance of 0.100-0.160 for the period, compared to the consensus EPS estimate of 0.110. The company issued revenue guidance of $204.0 million-$210.0 million, compared to the consensus revenue estimate of $205.5 million.
Calix Trading Down 1.2 %
Shares of CALX stock traded down $0.46 during mid-day trading on Wednesday, reaching $36.80. The stock had a trading volume of 1,184,019 shares, compared to its average volume of 525,110. The firm has a market capitalization of $2.44 billion, a PE ratio of -153.33 and a beta of 1.68. The stock's 50-day moving average price is $35.36 and its two-hundred day moving average price is $36.24. Calix has a 52-week low of $26.76 and a 52-week high of $41.97.
Calix (NYSE:CALX - Get Free Report) last released its quarterly earnings results on Monday, October 28th. The communications equipment provider reported $0.13 EPS for the quarter, beating analysts' consensus estimates of $0.09 by $0.04. The business had revenue of $200.95 million during the quarter, compared to analyst estimates of $201.06 million. Calix had a positive return on equity of 1.33% and a negative net margin of 1.79%. Calix's quarterly revenue was down 23.8% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.25 EPS. On average, equities research analysts forecast that Calix will post -0.34 earnings per share for the current year.
Wall Street Analyst Weigh In
CALX has been the topic of a number of research analyst reports. Needham & Company LLC reiterated a "buy" rating and set a $45.00 target price on shares of Calix in a report on Tuesday, October 29th. Rosenblatt Securities reissued a "buy" rating and set a $45.00 price objective on shares of Calix in a research report on Thursday, October 3rd. Finally, StockNews.com raised shares of Calix from a "sell" rating to a "hold" rating in a research report on Tuesday, October 8th. Three analysts have rated the stock with a hold rating and four have assigned a buy rating to the company's stock. According to data from MarketBeat.com, the company has an average rating of "Moderate Buy" and an average price target of $42.50.
Check Out Our Latest Analysis on CALX
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.
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