Earnings Preview For Calix
Portfolio Pulse from Benzinga Insights
Calix (NYSE:CALX) is set to release its quarterly earnings report on Monday, 2023-10-23, with analysts estimating an EPS of $0.36. The company's past performance shows a trend of beating EPS estimates but experiencing a drop in share price the following day. Over the last 52-week period, shares are down 28.65%.
October 20, 2023 | 3:01 pm
News sentiment analysis
Sort by:
Descending
NEGATIVE IMPACT
Calix is expected to report an EPS of $0.36 in its upcoming earnings report. Despite beating EPS estimates in the past, the company's share price has typically dropped the following day.
Calix has a history of beating EPS estimates but experiencing a drop in share price the following day. Given this trend and the fact that shares are down 28.65% over the last 52-week period, it's likely that the upcoming earnings report could have a negative impact on the company's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100