Q2 2018 EPS Estimates for Exfo Inc Reduced by National Bank Financial (EXF)
Exfo Inc (TSE:EXF) (NASDAQ:EXFO) – Equities researchers at National Bank Financial dropped their Q2 2018 earnings per share estimates for Exfo in a report released on Tuesday. National Bank Financial analyst R. Tse now forecasts that the company will post earnings per share of $0.05 for the quarter, down from their prior estimate of $0.08. National Bank Financial has a “Sector Perform” rating and a $5.75 price target 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.
Shares of Exfo (EXF) traded down C$0.02 during mid-day trading on Thursday, hitting C$5.45. The stock had a trading volume of 29,398 shares, compared to its average volume of 14,157. The firm has a market capitalization of $288.64, a price-to-earnings ratio of 272.50 and a beta of 0.20. Exfo has a fifty-two week low of C$4.63 and a fifty-two week high of C$8.23.
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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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