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VIAV Viavi Solutions News Story

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Viavi Solutions Inc expected to post earnings of 10 cents a share - Earnings Preview

* Viavi Solutions Inc  VIAV.OQ   VIAV.O  is expected to show
a
rise in quarterly revenue when it reports  results on January 30
for the period ending December 31 2024
    * The Chandler Arizona-based  company is expected to report
a
2.2% increase in revenue to $259.987 million from $254.5 million
a year ago, according to the mean estimate from 7 analysts,
based on LSEG data.The company's guidance on October 31 2024,
for the period ended December 31, was for revenue between
$255.00 million and $265.00 million.
    * ​LSEG's mean analyst estimate for Viavi Solutions Inc is
for
earnings of 10 cents per share. The company's EPS guidance on
October 31 2024, for the period ended December 31, was between
$0.09 and $0.11 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 3 "strong buy" or "buy," 5
"hold" and 1 "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 $10.50​, above​ its last closing price of $9.71. ​​​

The company's guidance on October 31 2024 for the period ended
December 31 was for Earnings before Interest and Taxes between
USD31.365 million and USD33.125 million.
Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Sep. 30 2024  0.06        0.06       0.06      Met     1
 Jun. 30 2024  0.07        0.07       0.08      Beat    14.3
 Mar. 31 2024  0.07        0.07       0.06      Missed  -16.5​
 Dec. 31 2023  0.09        0.09       0.11      Beat    28.3
 ​​Sep.        0.10        0.10       0.09      Missed  -7.2
 30 2023                                                
 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
 This summary was machine generated January 28 at 21:17 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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