Equities research analysts expect Exfo Inc (NASDAQ:EXFO) (TSE:EXF) to announce earnings per share (EPS) of $0.05 for the current fiscal quarter, according to Zacks. Three analysts have provided estimates for Exfo’s earnings, with the highest EPS estimate coming in at $0.05 and the lowest estimate coming in at $0.04. Exfo posted earnings per share of $0.02 during the same quarter last year, which indicates a positive year over year growth rate of 150%. The firm is scheduled to issue its next earnings results on Wednesday, April 4th.

According to Zacks, analysts expect that Exfo will report full-year earnings of $0.24 per share for the current financial year, with EPS estimates ranging from $0.23 to $0.25. For the next fiscal year, analysts expect that the firm will report earnings of $0.34 per share. Zacks Investment Research’s EPS calculations are an average based on a survey of research analysts that follow Exfo.

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Exfo (NASDAQ:EXFO) (TSE:EXF) last released its quarterly earnings results on Tuesday, January 9th. The communications equipment provider reported $0.06 EPS for the quarter, beating analysts’ consensus estimates of $0.05 by $0.01. The business had revenue of $63.39 million during the quarter, compared to analyst estimates of $62.80 million. Exfo had a return on equity of 5.22% and a net margin of 0.09%.

A number of equities research analysts recently commented on EXFO shares. BidaskClub raised Exfo from a “strong sell” rating to a “sell” rating in a research report on Monday, February 5th. Zacks Investment Research lowered Exfo from a “hold” rating to a “sell” rating in a research report on Thursday, January 11th. Finally, TheStreet raised Exfo from a “c” rating to a “b-” rating in a research report on Thursday, November 16th. Six investment analysts have rated the stock with a hold rating and one has given a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and a consensus target price of $5.35.

Several institutional investors have recently made changes to their positions in EXFO. Mackenzie Financial Corp purchased a new stake in shares of Exfo during the 4th quarter valued at $4,009,000. White Pine Capital LLC increased its position in shares of 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 purchasing an additional 59,475 shares during the last quarter. Finally, JPMorgan Chase & Co. increased its position in shares of 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 purchasing an additional 14,803 shares during the last quarter. 16.09% of the stock is owned by hedge funds and other institutional investors.

Exfo (NASDAQ:EXFO) traded down $0.05 during midday trading on Wednesday, reaching $4.25. The company had a trading volume of 1,975 shares, compared to its average volume of 72,974. The stock has a market cap of $241.27, a price-to-earnings ratio of 430.00 and a beta of 0.52. Exfo has a twelve month low of $3.72 and a twelve month high of $6.00. The company has a debt-to-equity ratio of 0.01, a current ratio of 2.11 and a quick ratio of 1.39.

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About Exfo

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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