Calix Sees Q4 GAAP EPS $(0.14)-(0.08) vs $(0.11) Est; Sees Sales $201.000M-207.000M vs $203.82M Est
Portfolio Pulse from Benzinga Newsdesk
Calix (NYSE:CALX) has provided guidance for Q4, expecting GAAP EPS between $(0.14) and $(0.08), which is below the analyst estimate of $(0.11). The company anticipates sales between $201 million and $207 million, compared to the $203.82 million estimate.
October 28, 2024 | 8:20 pm
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Calix's Q4 guidance indicates a potential earnings miss with GAAP EPS expected to be lower than analyst estimates. Sales projections are slightly below estimates.
Calix's guidance for Q4 GAAP EPS is below analyst expectations, which could negatively impact investor sentiment and the stock price in the short term. Although sales are within the range of estimates, the lower EPS guidance is likely to weigh more heavily on the stock.
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