Earnings Preview For Viavi Solutions
Portfolio Pulse from Benzinga Insights
Viavi Solutions (NASDAQ:VIAV) is expected to release its quarterly earnings report on Thursday, 2024-02-01, with analysts predicting an EPS of $0.09. Investors are looking for an earnings beat and positive guidance for the next quarter. In the past, Viavi's stock price has reacted variably to earnings reports, with a 5.99% increase after a miss last quarter. Shares are currently trading at $9.71, down 14.43% over the last 52 weeks, indicating a bearish sentiment among long-term shareholders.
January 31, 2024 | 4:01 pm
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Viavi Solutions is anticipated to report quarterly earnings with an expected EPS of $0.09. Positive results and guidance could influence the stock positively, despite a bearish trend over the past year.
Given the historical stock price increase after the last earnings miss, a positive earnings report and guidance could lead to a short-term price increase. However, the overall bearish sentiment due to the 14.43% decline over the past year may temper gains.
CONFIDENCE 80
IMPORTANCE 90
RELEVANCE 100