A Preview Of Calix's Earnings

Calix CALX announces its next round of earnings this Tuesday, October 20. Here is Benzinga's look at Calix's Q3 earnings report.

Earnings and Revenue

Wall Street analysts see Calix reporting earnings of $0.2 per share on sales of $129.44 million. Calix EPS in the same period a year ago totaled $0.06. Revenue was $114.48 million. The analyst consensus estimate would represent a 233.33% increase in the company's earnings. Revenue would be up 13.06% from the same quarter last year. Here is how the company's reported EPS has stacked up against analyst estimates in the past:

Quarter Q2 2020 Q1 2020 Q4 2020 Q3 2019
EPS Estimate 0.05 -0.07 0.08 0.04
EPS Actual 0.14 -0.04 0.09 0.06
Revenue Estimate 112.61 M 99.59 M 119.16 M 111.99 M
Revenue Actual 119.02 M 101.68 M 120.19 M 114.48 M

Stock Performance

Shares of Calix were trading at $20.63 as of October 16. Over the last 52-week period, shares are up 201.39%. Given that these returns are generally positive, long-term shareholders should be satisfied going into this earnings release.

Do not be surprised to see the stock move on comments made during its conference call. Calix is scheduled to hold the call at 08:30:00 ET and can be accessed here: https://event.on24.com/eventRegistration/EventLobbyServlet?target=reg20.jsp&referrer=https%3A%2F%2Finvestor-relations.calix.com%2F&eventid=2633964&sessionid=1&key=C365E5107F752CA87A0E71CD5C98CDC0&regTag=&sourcepage=register

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