Calix (NYSE: CALX ) is expected to report Q1 earnings on April 25. Here's what Wall Street wants to see:
The 10-second takeaway
Comparing the upcoming quarter to the prior-year quarter, average analyst estimates predict Calix's revenues will grow 14.6% and EPS will come to zero.
The average estimate for revenue is $90.1 million. On the bottom line, the average EPS estimate is $0.00.
Last quarter, Calix booked revenue of $91.4 million. GAAP reported sales were 0.2% lower than the prior-year quarter's $91.6 million.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
Last quarter, non-GAAP EPS came in at $0.06. GAAP EPS were -$0.14 for Q4 against -$0.11 per share for the prior-year quarter.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
For the preceding quarter, gross margin was 42.8%, 10 basis points better than the prior-year quarter. Operating margin was -6.9%, 130 basis points worse than the prior-year quarter. Net margin was -7.2%, 150 basis points worse than the prior-year quarter.
The full year's average estimate for revenue is $409.6 million. The average EPS estimate is $0.40.
The stock has a three-star rating (out of five) at Motley Fool CAPS, with 64 members out of 72 rating the stock outperform, and eight members rating it underperform. Among 14 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 12 give Calix a green thumbs-up, and two give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Calix is outperform, with an average price target of $7.44.
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