Calix (NYSE:CALX – Get Free Report) issued an update on its first quarter 2025 earnings guidance on Wednesday morning. The company provided earnings per share guidance of 0.100-0.160 for the period, compared to the consensus earnings per share 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.
Analyst Ratings Changes
Several research firms have recently weighed in on CALX. Needham & Company LLC reissued a “buy” rating and set a $45.00 price objective on shares of Calix in a report on Tuesday, October 29th. StockNews.com upgraded shares of Calix from a “sell” rating to a “hold” rating in a research note on Tuesday, October 8th. Finally, Rosenblatt Securities restated a “buy” rating and issued a $45.00 price target on shares of Calix in a research note on Thursday, October 3rd. Three investment analysts have rated the stock with a hold rating and four have issued a buy rating to the company’s stock. According to data from MarketBeat, Calix currently has an average rating of “Moderate Buy” and an average target price of $42.50.
View Our Latest Stock Analysis on CALX
Calix Stock Performance
Calix (NYSE:CALX – Get Free Report) last posted its quarterly earnings data on Monday, October 28th. The communications equipment provider reported $0.13 earnings per share for the quarter, beating analysts’ consensus estimates of $0.09 by $0.04. The firm had revenue of $200.95 million for the quarter, compared to analysts’ expectations of $201.06 million. Calix had a positive return on equity of 1.33% and a negative net margin of 1.79%. The business’s quarterly revenue was down 23.8% on a year-over-year basis. During the same period in the previous year, the firm earned $0.25 EPS. As a group, equities analysts expect that Calix will post -0.34 earnings per share for the current fiscal year.
Calix Company Profile
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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