What to Expect from Viavi Solutions's Earnings
Portfolio Pulse from Benzinga Insights
Viavi Solutions (NASDAQ:VIAV) is set to release its quarterly earnings report on October 31, 2024. Analysts estimate an EPS of $0.06. Despite a past trend of share price drops following earnings releases, the company holds a 'Buy' consensus with a slight potential upside. Viavi's revenue growth outpaces peers, but it struggles with profitability metrics.
October 30, 2024 | 3:03 pm
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Viavi Solutions is expected to report an EPS of $0.06. Despite a 'Buy' rating and slight potential upside, past earnings releases have led to share price drops. The company shows strong revenue growth but faces profitability challenges.
Viavi Solutions is about to release its earnings, with an expected EPS of $0.06. Historically, the company's stock has dropped post-earnings despite beating estimates. The 'Buy' rating and slight upside potential suggest some positive sentiment, but profitability challenges may weigh on the stock. The strong revenue growth compared to peers is a positive factor, but the market may focus on profitability issues.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100