Ciena's Earnings Outlook
Portfolio Pulse from Benzinga Insights
Ciena (NYSE:CIEN) is set to release its latest quarterly earnings report on August 31, 2023. Analysts estimate an earnings per share (EPS) of $0.51. The company's stock performance has been generally negative over the last 52-week period, with shares down 5.86%. The company's previous quarter saw an EPS beat by $0.13, resulting in a 2.1% increase in share price the next day.
August 30, 2023 | 2:02 pm
News sentiment analysis
Sort by:
Descending
NEUTRAL IMPACT
Ciena's upcoming earnings report could potentially impact its stock price. The company's previous earnings beat led to a 2.1% increase in share price.
Ciena's stock price could be influenced by its upcoming earnings report. In the past, the company's earnings beat has led to an increase in its share price. However, the company's stock has been generally negative over the past year, which could potentially influence investor sentiment.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 100