Wall Street brokerages forecast that EXFO (NASDAQ:EXFO) (TSE:EXF) will report ($0.08) earnings per share for the current fiscal quarter, according to Zacks. Three analysts have provided estimates for EXFO’s earnings. The highest EPS estimate is ($0.03) and the lowest is ($0.16). EXFO reported earnings of ($0.02) per share during the same quarter last year, which would indicate a negative year over year growth rate of 300%. The business is expected to announce its next quarterly earnings report on Thursday, July 5th.
On average, analysts expect that EXFO will report full-year earnings of $0.12 per share for the current year, with EPS estimates ranging from $0.07 to $0.16. For the next financial year, analysts expect that the company will report earnings of $0.28 per share, with EPS estimates ranging from $0.23 to $0.31. Zacks’ earnings per share calculations are a mean average based on a survey of sell-side research firms that that provide coverage for EXFO.
EXFO (NASDAQ:EXFO) (TSE:EXF) last issued its quarterly earnings data on Tuesday, April 10th. The communications equipment provider reported $0.01 EPS for the quarter, missing analysts’ consensus estimates of $0.04 by ($0.03). The company had revenue of $64.72 million for the quarter, compared to the consensus estimate of $62.32 million. EXFO had a positive return on equity of 4.49% and a negative net margin of 2.18%.
Several hedge funds and other institutional investors have recently made changes to their positions in EXFO. JPMorgan Chase & Co. boosted its stake in shares of EXFO by 107.7% in the 3rd quarter. JPMorgan Chase & Co. now owns 28,553 shares of the communications equipment provider’s stock worth $107,000 after buying an additional 14,803 shares during the last quarter. Spark Investment Management LLC purchased a new position in shares of EXFO in the 1st quarter worth approximately $159,000. White Pine Capital LLC boosted its stake in shares of EXFO by 30.2% in the 4th quarter. White Pine Capital LLC now owns 256,465 shares of the communications equipment provider’s stock worth $1,116,000 after buying an additional 59,475 shares during the last quarter. Fiera Capital Corp boosted its stake in shares of EXFO by 5.0% in the 1st quarter. Fiera Capital Corp now owns 525,000 shares of the communications equipment provider’s stock worth $2,197,000 after buying an additional 25,000 shares during the last quarter. Finally, Mackenzie Financial Corp purchased a new position in shares of EXFO in the 4th quarter worth approximately $4,009,000. Hedge funds and other institutional investors own 12.08% of the company’s stock.
EXFO remained flat at $$3.50 during midday trading on Tuesday. The company’s stock had a trading volume of 3,833 shares, compared to its average volume of 9,169. The company has a debt-to-equity ratio of 0.04, a current ratio of 1.50 and a quick ratio of 1.02. The company has a market cap of $192.88 million, a price-to-earnings ratio of 16.67 and a beta of 0.64. EXFO has a 1 year low of $3.45 and a 1 year high of $5.40.
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.
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