Viavi Solutions Inc expected to post earnings of 10 cents a share - Earnings Preview
28/04/2023 21:36
* Viavi Solutions Inc VIAV.OQ VIAV.O is expected to show
a
fall in quarterly revenue when it reports results on May 2.
* The Chandler Arizona-based company is expected to report
a
20.7% decrease in revenue to $250.317 million from $315.5
million a year ago, according to the mean estimate from 6
analysts, based on Refinitiv data. The company's guidance on
April 17 2023, for the period ended March 31, was for revenue
between $246.00 million and $248.00 million.
* Refinitiv's mean analyst estimate for Viavi Solutions Inc
is
for earnings of 10 cents per share. The company's EPS guidance
on February 2 2023, for the period ended March 31, was between
$0.10 and $0.12
* The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 4 "strong buy" or "buy," 5
"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 Viavi
Solutions
Inc is $13, above its last closing price of $8.78.
The company's guidance on April 17 2023 for the period ended
March 31 was for Earnings before Interest and Taxes between
USD25.83 million and USD28.52 million.
Previous quarterly performance (using preferred earnings measure
in US dollars).
QUARTER STARMINESM REFINITIV ACTUAL BEAT, SURPRI
ENDING ARTESTIMAT IBES MET, SE %
E® ESTIMATE MISSED
Dec. 31 2022 0.11 0.11 0.14 Beat 27.3
Sep. 30 2022 0.23 0.23 0.23 Met -1.3
Jun. 30 2022 0.23 0.23 0.24 Beat 5.9
Mar. 31 2022 0.21 0.21 0.22 Beat 5.6
Dec. 0.19 0.19 0.24 Beat 26.3
31 2021
Sep. 30 2021 0.21 0.21 0.24 Beat 14.9
Jun. 30 2021 0.19 0.19 0.22 Beat 17.6
Mar. 31 2021 0.17 0.17 0.18 Beat 6.6
This summary was machine generated April 28 at 20:36 GMT. All
figures in US dollars unless otherwise stated