Insights Ahead: Calix's Quarterly Earnings
Portfolio Pulse from Benzinga Insights
Calix (NYSE:CALX) is set to release its quarterly earnings on October 28, 2024, with analysts estimating an EPS of $0.09. Despite past earnings beats, the stock has seen price declines post-announcement. Analysts maintain a 'Buy' rating with a price target of $45.0, indicating potential upside. Calix faces challenges with a -24.09% revenue growth but excels in net margin and asset utilization.
October 25, 2024 | 6:01 pm
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Calix is expected to report an EPS of $0.09. Despite past earnings beats, the stock has historically declined post-announcement. Analysts maintain a 'Buy' rating with a $45 price target, suggesting potential upside. Revenue growth challenges persist.
Calix's upcoming earnings report is crucial as past earnings beats have not translated into positive stock price movements. The 'Buy' rating and $45 price target suggest potential upside, but revenue growth challenges may weigh on investor sentiment.
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