Exfo (EXFO) Scheduled to Post Earnings on Wednesday

Exfo (NASDAQ:EXFO) (TSE:EXF) is scheduled to be posting its quarterly earnings results after the market closes on Wednesday, July 8th. Analysts expect Exfo to post earnings of $0.04 per share for the quarter. Individual interested in registering for the company’s earnings conference call can do so using this link.

Exfo (NASDAQ:EXFO) (TSE:EXF) last posted its earnings results on Tuesday, April 7th. The communications equipment provider reported ($0.12) EPS for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.04) by ($0.08). Exfo had a positive return on equity of 0.06% and a negative net margin of 3.41%. The firm had revenue of $55.31 million for the quarter, compared to the consensus estimate of $62.20 million. On average, analysts expect Exfo to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Exfo stock opened at $2.69 on Wednesday. Exfo has a 52 week low of $2.00 and a 52 week high of $4.95. The company’s 50 day moving average price is $2.71 and its two-hundred day moving average price is $3.28. The company has a quick ratio of 0.85, a current ratio of 1.34 and a debt-to-equity ratio of 0.01. The stock has a market cap of $153.62 million, a P/E ratio of -16.81 and a beta of 1.15.

Several research firms have commented on EXFO. National Bank Financial dropped their target price on shares of Exfo from $3.75 to $3.00 and set a “sector perform” rating on the stock in a research report on Thursday, April 9th. Northland Securities dropped their target price on shares of Exfo from $5.50 to $4.00 and set an “outperform” rating on the stock in a research report on Wednesday, April 8th. BMO Capital Markets dropped their target price on shares of Exfo from $5.00 to $3.50 and set a “market perform” rating on the stock in a research report on Monday, April 6th. CIBC dropped their target price on shares of Exfo from $5.00 to $3.50 and set a “neutral” rating on the stock in a research report on Wednesday, April 8th. Finally, Zacks Investment Research raised shares of Exfo from a “sell” rating to a “hold” rating in a research report on Tuesday, June 9th. Eight research analysts have rated the stock with a hold rating and one has assigned a buy rating to the company. The stock has an average rating of “Hold” and an average target price of $3.86.

Exfo Company Profile

EXFO Inc develops, manufactures, and markets smarter network test, monitoring, and analytics solutions for communications service providers, network equipment manufacturers, and Web-scale operators. It offers field network testing products, such as copper/DSL testing, dispersion analysis, fiber inspection, live fiber detection, network protocol testing, optical power and loss testing, ORL tester, optical time domain reflectometry and iOLM, spectral testing, test function virtualization, and test reporting and automation products, as well as modular test platforms.

Recommended Story: What is the QQQ ETF?

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.