Brokerages expect Exfo Inc (NASDAQ:EXFO) (TSE:EXF) to post $62.32 million in sales for the current quarter, according to Zacks Investment Research. Three analysts have made estimates for Exfo’s earnings. The highest sales estimate is $63.00 million and the lowest is $61.50 million. Exfo reported sales of $60.03 million in the same quarter last year, which would suggest a positive year-over-year growth rate of 3.8%. The company is expected to report its next earnings results on Wednesday, April 4th.
According to Zacks, analysts expect that Exfo will report full-year sales of $62.32 million for the current fiscal year, with estimates ranging from $257.00 million to $260.30 million. For the next financial year, analysts forecast that the firm will post sales of $272.40 million per share. Zacks’ sales averages are a mean average based on a survey of research firms that follow Exfo.
Exfo (NASDAQ:EXFO) (TSE:EXF) last posted its quarterly earnings data on Tuesday, January 9th. The communications equipment provider reported $0.06 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.05 by $0.01. The firm had revenue of $63.39 million during the quarter, compared to the consensus estimate of $62.80 million. Exfo had a return on equity of 5.22% and a net margin of 0.09%.
Exfo (EXFO) traded down $0.10 on Wednesday, reaching $4.45. The company’s stock had a trading volume of 8,300 shares, compared to its average volume of 85,223. The company has a current ratio of 2.11, a quick ratio of 1.39 and a debt-to-equity ratio of 0.01. The stock has a market cap of $249.93, a P/E ratio of 445.00 and a beta of 0.51. Exfo has a 12-month low of $3.72 and a 12-month high of $6.15.
Institutional investors and hedge funds have recently bought and sold shares of the business. JPMorgan Chase & Co. raised its stake in Exfo by 107.7% during the 3rd quarter. JPMorgan Chase & Co. now owns 28,553 shares of the communications equipment provider’s stock valued at $107,000 after acquiring an additional 14,803 shares during the last quarter. Mackenzie Financial Corp purchased a new stake in Exfo during the 4th quarter valued at approximately $4,009,000. Finally, White Pine Capital LLC raised its stake in Exfo by 30.2% during the 4th quarter. White Pine Capital LLC now owns 256,465 shares of the communications equipment provider’s stock valued at $1,116,000 after acquiring an additional 59,475 shares during the last quarter. 17.84% of the stock is owned by hedge funds and other institutional investors.
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EXFO Inc is a Canada-based company, which provides communications service providers (CSPs) and data center, cloud and Web-scale operators with field test, service assurance and analytics solutions to ensure the deployment, maintenance and management of physical, virtual, fixed and mobile networks. It focuses on network infrastructures: fourth generation (4G)/long-term evolution (LTE), wireless backhaul, small cells and distributed antenna systems (DAS), 100G network upgrades and fiber-to-the-home (FTTH)/fiber-to-the-curb (FTTC)/fiber-to-the-node (FTTN) deployments.
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