Exfo (EXFO) got here out with quarterly earnings of $0.04 per share, in step with the Zacks Consensus Estimate. This compares to lack of $0.05 per share a yr in the past. These figures are adjusted for non-recurring objects.
1 / 4 in the past, it was anticipated that this telecommunications testing firm would submit earnings of $0.05 per share when it truly produced earnings of $0.05, delivering no shock.
During the last 4 quarters, the corporate has surpassed consensus EPS estimates simply as soon as.
Exfo, which belongs to the Zacks Communication – Elements business, posted revenues of $73.55 million for the quarter ended November 2019, surpassing the Zacks Consensus Estimate by 3.23%. This compares to year-ago revenues of $69.20 million. The corporate has topped consensus income estimates 3 times during the last 4 quarters.
The sustainability of the inventory’s quick worth motion primarily based on the recently-released numbers and future…