Viavi Solutions VIAV announces its next round of earnings this Thursday, August 15. Here is Benzinga's everything-that-matters guide for the Q4 earnings announcement.
Earnings and Revenue
Wall Street analysts see Viavi Solutions reporting earnings of 15 cents per share on revenue of $278.87 million.
Viavi Solutions reported a profit of 14 cents when it published results during the same quarter last year. Sales in that period totaled $264.00 million. The analyst consensus estimate would represent a 7.14% increase in the company's EPS figure. Revenue would be up 5.63% on a year-over-year basis. Here's how the company's reported EPS has compared to analyst estimates in the past:
Quarter | Q3 2019 | Q2 2019 | Q1 2019 | Q4 2018 |
EPS Estimate | 0.120 | 0.16 | 0.14 | 0.11 |
EPS Actual | 0.130 | 0.22 | 0.15 | 0.14 |
Stock Performance
Over the last 52-week period, shares are up 31.2%. Given that these returns are generally positive, long-term shareholders can relax going into this earnings release. Long-term shareholders are already enjoying 12-month gains prior to the announcement
Analysts have adjusted their estimates higher for EPS and revenues over the past 90 days. The most common rating from analysts on Viavi Solutions stock is a Neutral. The strength of this rating has maintained conviction over the past three months.
Conference Call
Viavi Solutions is scheduled to hold a conference call at 4:30 p.m. ET and can be accessed here.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.