Published on 1 Jun 2022 on Zacks via Yahoo Finance
Ciena Corporation CIEN is scheduled to report second-quarter fiscal 2022 results on Jun 2.The Zacks Consensus Estimate for fiscal second-quarter earnings is pegged at 54 cents, suggesting a decline of 12.9% from the year-ago quarter’s levels.For the fiscal second quarter, management anticipates revenues between $930 million and $970 million. The Zacks Consensus Estimate for revenues is pegged at $952.9 million, up 14.3% from the year-ago quarter’s levels.The company has a trailing four-quarter earnings surprise of 11.1%, on average.Shares of Ciena have lost 6.6% of their value in the past year against the industry's return of 6.8%.
Ciena Corporation Price and EPS Surprise