Viavi Solutions Inc expected to post earnings of 11cents a share - Earnings Preview
31/01/2023 21:55
* Viavi Solutions Inc VIAV.OQ VIAV.O is expected to show
a
fall in quarterly revenue when it reports results on February
2.
* The Chandler Arizona-based company is expected to report
a
13.8% decrease in revenue to $271.486 million from $314.8
million a year ago, according to the mean estimate from 7
analysts, based on Refinitiv data. The company's guidance on
November 3 2022, for the period ended December 31, was for
revenue between $261.00 million and $281.00 million.
* Refinitiv's mean analyst estimate for Viavi Solutions Inc
is
for earnings of 11 cents per share. The company's EPS guidance
on November 3 2022, for the period ended December 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," 6
"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 $14.75, above its last closing price of $11.14.
The company's guidance on November 3 2022 for the period ended
December 31 was for Earnings before Interest and Taxes between
USD36.279 million and USD41.869 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
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. 31 2021 0.19 0.19 0.24 Beat 26.3
Sep. 0.21 0.21 0.24 Beat 14.9
30 2021
Jun. 30 2021 0.19 0.19 0.22 Beat 17.6
Mar. 31 2021 0.17 0.17 0.18 Beat 6.6
Dec. 31 2020 0.19 0.19 0.23 Beat 21.1
This summary was machine generated January 31 at 21:55 GMT. All
figures in US dollars unless otherwise stated