Acacia Communications Q4 Earnings Preview

On Thursday, Acacia Communications ACIA will release its latest earnings report. Benzinga's report can help you figure out the ins and outs of the earnings release.

Earnings and Revenue

Wall Street analysts see Acacia Communications reporting earnings of 25 cents per share on revenue of $88.45 million.

In the same quarter last year, Acacia Communications posted EPS of 94 cents per share on sales of $142.42 million. If the company were to report inline earnings when it publishes results Thursday, earnings would be down 73.4 percent. Sales would be down 37.9 percent from the same quarter last year.

Here's how the company's reported EPS has compared to analyst estimates in the past:

Stock Performance

Over the last 52-week period, shares are down 37.04 percent. Given that these returns are generally negative, long-term shareholders won't be happy going into this earnings release. Long-term shareholders are already enjoying 12-month gains prior to the announcement.

Analyst estimates are adjusted lower for EPS and revenues over the past 90 days. Analysts have been rating Acacia Communications stock as Neutral. The strength of this rating has maintained conviction over the past three months.

Conference Call

Don't be surprised to see the stock move on comments made during its conference call. Acacia's Q4 conference call is scheduled to begin at 5:00 p.m. ET and can be accessed here: https://edge.media-server.com/m6/p/tr9mix6u