Exfo (EXFO) Scheduled to Post Quarterly Earnings on Thursday

Exfo (NASDAQ:EXFO) (TSE:EXF) is set to issue its quarterly earnings data after the market closes on Thursday, October 11th. Analysts expect the company to announce earnings of $0.08 per share for the quarter.

Exfo (NASDAQ:EXFO) (TSE:EXF) last announced its quarterly earnings data on Tuesday, July 10th. The communications equipment provider reported ($0.02) earnings per share for the quarter, topping the Zacks’ consensus estimate of ($0.07) by $0.05. Exfo had a positive return on equity of 4.65% and a negative net margin of 2.70%. The firm had revenue of $72.22 million for the quarter, compared to analyst estimates of $70.38 million. On average, analysts expect Exfo to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Shares of EXFO stock opened at $3.77 on Tuesday. Exfo has a 1-year low of $3.16 and a 1-year high of $4.70. The firm has a market cap of $209.44 million, a P/E ratio of 17.95 and a beta of 0.54. The company has a current ratio of 1.42, a quick ratio of 0.99 and a debt-to-equity ratio of 0.04.

EXFO has been the topic of a number of recent analyst reports. Zacks Investment Research raised Exfo from a “sell” rating to a “hold” rating in a report on Tuesday, June 12th. TheStreet lowered Exfo from a “b-” rating to a “c+” rating in a report on Tuesday, June 19th. BMO Capital Markets reaffirmed a “hold” rating and set a $4.25 price objective on shares of Exfo in a report on Thursday, July 12th. Finally, ValuEngine raised Exfo from a “hold” rating to a “buy” rating in a report on Tuesday, October 2nd. Six research analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. The company currently has a consensus rating of “Hold” and an average target price of $4.79.

Exfo Company Profile

EXFO Inc develops, manufactures, and markets smarter network test, monitoring, and analytics solutions for communications service providers, network equipment manufacturers, and Webscale companies. It offers lab and manufacturing testing systems, including lab platforms; network simulation and load testing tools to meet the mobile telecom and VOIP/IMS network test challenges; transport and datacom solutions, such as Ethernet testing, fiber channel testing, DSn/PDH and SONET/SDH testing, synchronization testing, and SONET/SDH, OTN, and multiservice testing solutions; and optical products comprising power meters, light sources and amplifiers, variable attenuators, switch and utility modules, polarization analysis, optical communication analyzers, spectral testing products, bit-error-rate testing products, optical benchtop kits, osics multifunction platform, optical component testers, and tunable filters.

See Also: Initial Public Offering (IPO)

Earnings History for Exfo (NASDAQ:EXFO)

Receive News & Ratings for Exfo Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Exfo and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply