Ciena Corp expected to post earnings of 52 cents a share - Earnings Preview

Ciena

03/06/2025 13:33

Ciena Corp CIEN.N, CIEN.K is expected to show a rise in quarterly revenue when it reports  results on June 5 for the period ending April 30 2025

The Hanover Maryland Maryland-based  company is expected to report a 19.8% increase in revenue to $1.092 billion from $910.83 million a year ago, according to the mean estimate from 12 analysts, based on LSEG data.The company's guidance on March 11 2025, for the period ended April 30, was for revenue between $1.05 billion and $1.13 billion.

​LSEG's mean analyst estimate for Ciena Corp is for earnings of 52 cents per share.

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 12 "strong buy" or "buy," 5 "hold" and no "sell" or "strong sell."

The mean earnings estimate of analysts had risen by about 0.2% in the last three months. ​

Wall Street's median 12-month price target for Ciena Corp is $77.00​, below​ its last closing price of $81.75. ​​​

The company's guidance on March 11 2025 for the period ended April 30 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 %
Jan. 31 2025
0.40
0.41
0.64
Beat
55.8
Oct. 31 2025
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

This summary was machine generated June 3 at 12:32 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)