Exfo (NASDAQ:EXFO) (TSE:EXF) updated its first quarter 2019 earnings guidance on Thursday. The company provided EPS guidance of $-0.07–0.03 for the period, compared to the Thomson Reuters consensus EPS estimate of $0.07. The company issued revenue guidance of $66-71 million, compared to the consensus revenue estimate of $76.56 million.

Several analysts have recently issued reports on the company. TheStreet lowered Exfo from a b- rating to a c+ rating in a report on Tuesday, June 19th. Zacks Investment Research raised Exfo from a hold rating to a strong-buy rating and set a $4.00 target price on the stock in a report on Tuesday, July 17th. GMP Securities lowered Exfo from a buy rating to a hold rating in a report on Friday. ValuEngine raised Exfo from a hold rating to a buy rating in a report on Tuesday, October 2nd. Finally, BMO Capital Markets reissued a hold rating and set a $4.25 target price on shares of Exfo in a report on Thursday, July 12th. Seven investment analysts have rated the stock with a hold rating and one has given a buy rating to the company’s stock. Exfo presently has an average rating of Hold and a consensus price target of $4.55.

NASDAQ:EXFO opened at $3.04 on Friday. The stock has a market capitalization of $209.44 million, a P/E ratio of 14.48 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 a twelve month low of $2.96 and a twelve month high of $4.70.

Exfo (NASDAQ:EXFO) (TSE:EXF) last released its quarterly earnings data on Tuesday, July 10th. The communications equipment provider reported ($0.02) earnings per share for the quarter, beating the consensus estimate of ($0.07) by $0.05. The business had revenue of $72.22 million for the quarter, compared to analyst estimates of $70.38 million. Exfo had a positive return on equity of 4.65% and a negative net margin of 2.70%. Equities analysts predict that Exfo will post 0.17 EPS for the current fiscal year.

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.

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