Ciena Corp expected to post earnings of $1.46 a share - Earnings Preview
Ciena Corp expected to post earnings of $1.46 a share - Earnings Preview
Ciena Corp CIEN.N, CIEN.K is expected to show a rise in quarterly revenue when it reports results on June 4 for the period ending April 30 2026
The Hanover Maryland Maryland-based company is expected to report a 33.7% increase in revenue to $1.505 billion from $1.13 billion a year ago, according to the mean estimate from 13 analysts, based on LSEG data.The company's guidance on March 5 2026, for the period ended April 30, was for revenue between $1.45 billion and $1.55 billion.
LSEG's mean analyst estimate for Ciena Corp is for earnings of $1.46 per share.
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 13 "strong buy" or "buy," 7 "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 $443.11, about 22.2% below its last closing price of $569.61
The company's guidance on March 5 2026 for the period ended April 30 was for Earnings before Interest and Taxes between USD253.75 million and USD286.75 million.The company's guidance on March 5 2026 for the period ended April 30 was for gross profit margin between USD43.5% and USD44.5%.
Previous quarterly performance (using preferred earnings measure in US dollars).
QUARTER ENDING | STARMINESMARTESTIMATE® | LSEG IBES ESTIMATE | ACTUAL | BEAT, MET, MISSED | SURPRISE % |
Jan. 31 2026 | 1.18 | 1.17 | 1.35 | Beat | 15.4 |
Oct. 31 2026 | 0.76 | 0.77 | 0.91 | Beat | 18 |
Jul. 31 2025 | 0.53 | 0.53 | 0.67 | Beat | 27.3 |
Apr. 30 2025 | 0.52 | 0.52 | 0.42 | Missed | -19.1 |
Jan. 31 2025 | 0.40 | 0.41 | 0.64 | Beat | 55.8 |
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 |
This summary was machine generated June 2 at 12:36 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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