Ciena Corp <CIEN.N> expected to post earnings of 41 cents a share - Earnings Preview

• Ciena Corp CIEN.N, CIEN.K is expected to show a rise in quarterly revenue when it reports results on March 11 for the period ending January 31 2025

• The Hanover Maryland Maryland-based company is expected to report a 1.4% increase in revenue to $1.052 billion from $1.04 billion a year ago, according to the mean estimate from 12 analysts, based on LSEG data.The company's guidance on December 12 2024, for the period ended January 31, was for revenue between $1.01 billion and $1.09 billion.

• ​LSEG's mean analyst estimate for Ciena Corp is for earnings of 41 cents per share.

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 10 "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 Ciena Corp is $94.00​, above​ its last closing price of $68.43. ​​​

The company's guidance on December 12 2024 for the period ended January 31 was for gross profit margin between USD41% and USD43%.

Previous quarterly performance (using preferred earnings measure in US dollars). ​

This summary was machine generated March 7 at 13:18 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)