Viavi Solutions Inc expected to post earnings of 10 cents a share - Earnings Preview
01/11/2023 02:41
* Viavi Solutions Inc VIAV.OQ VIAV.O is expected to show
a
fall in quarterly revenue when it reports results
* The Chandler Arizona-based company is expected to report
a
19.5% decrease in revenue to $249.7 million from $310.2 million
a year ago, according to the mean estimate from 6 analysts,
based on LSEG data. The company's guidance on August 10 2023,
for the period ended September 30, was for revenue between
$240.00 million and $260.00 million.
* Refinitiv's mean analyst estimate for Viavi Solutions Inc
is
for earnings of 10 cents per share. The company's EPS guidance
on August 10 2023, for the period ended September 30, was
between $0.09 and $0.11
* The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 4 "strong buy" or "buy," 4
"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 $12, above its last closing price of $7.78.
The company's guidance on August 10 2023 for the period ended
September 30 was for Earnings before Interest and Taxes between
USD30.72 million and USD36.92 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
Jun. 30 2023 0.08 0.08 0.10 Beat 26.8
Mar. 31 2023 0.09 0.09 0.08 Missed -13.3
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. 0.23 0.23 0.24 Beat 5.9
30 2022
Mar. 31 2022 0.21 0.21 0.22 Beat 5.6
Dec. 31 2021 0.19 0.19 0.24 Beat 26.3
Sep. 30 2021 0.21 0.21 0.24 Beat 14.9
This summary was machine generated November 1 at 02:41 GMT. All
figures in US dollars unless otherwise stated