National Bank Financial Analysts Decrease Earnings Estimates for Exfo Inc (EXF)
Exfo Inc (TSE:EXF) (NASDAQ:EXFO) – Research analysts at National Bank Financial dropped their Q2 2018 earnings estimates for shares of Exfo in a research report issued on Tuesday. National Bank Financial analyst R. Tse now anticipates that the company will post earnings of $0.05 per share for the quarter, down from their previous estimate of $0.08. National Bank Financial currently has a “Sector Perform” rating and a $5.75 target price on the stock. National Bank Financial also issued estimates for Exfo’s FY2018 earnings at $0.29 EPS and FY2019 earnings at $0.43 EPS.
Exfo (EXF) remained flat at $C$5.45 during mid-day trading on Thursday. 6,700 shares of the company traded hands, compared to its average volume of 13,225. Exfo has a 12-month low of C$4.63 and a 12-month high of C$8.23. The firm has a market cap of $288.64, a price-to-earnings ratio of 272.50 and a beta of 0.20.
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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