Ciena Corp CIEN.N, CIEN.K is expected to show a rise in quarterly revenue when it reports results on March 11 for the period ending January 31 2025
The Hanover Maryland Maryland-based company is expected to report a 1.4% increase in revenue to $1.052 billion from $1.04 billion a year ago, according to the mean estimate from 12 analysts, based on LSEG data.The company's guidance on December 12 2024, for the period ended January 31, was for revenue between $1.01 billion and $1.09 billion.
LSEG's mean analyst estimate for Ciena Corp is for earnings of 41 cents per share.
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 10 "strong buy" or "buy," 6 "hold" and no "sell" or "strong sell."
The mean earnings estimate of analysts was unchanged in the last three months.
Wall Street's median 12-month price target for Ciena Corp is $94.00, above its last closing price of $68.43.
The company's guidance on December 12 2024 for the period ended January 31 was for gross profit margin between USD41% and USD43%.
Previous quarterly performance (using preferred earnings measure in US dollars).
QUARTER ENDING | STARMINESMARTESTIMATE® | LSEG IBES ESTIMATE | ACTUAL | BEAT, MET, MISSED | SURPRISE % |
Oct. 31 2024 | 0.67 | 0.66 | 0.54 | Missed | -17.8 |
Jul. 31 2024 | 0.28 | 0.26 | 0.35 | Beat | 35.6 |
Apr. 30 2024 | 0.17 | 0.15 | 0.27 | Beat | 83.7 |
Jan. 31 2024 | 0.51 | 0.48 | 0.66 | Beat | 36.2 |
Oct. 31 2023 | 0.69 | 0.69 | 0.75 | Beat | 8.7 |
Jul. 31 2023 | 0.50 | 0.51 | 0.59 | Beat | 16.1 |
Apr. 30 2023 | 0.60 | 0.61 | 0.74 | Beat | 21.7 |
Jan. 31 2023 | 0.34 | 0.36 | 0.64 | Beat | 77.3 |
This summary was machine generated March 7 at 13:18 GMT. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)
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