Ciena (CIEN) Lags Q4 Earnings Estimates
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Ciena (CIEN) reported Q4 earnings of $0.54 per share, missing the Zacks Consensus Estimate of $0.66 per share and down from $0.75 per share a year ago.
December 12, 2024 | 2:30 pm
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NEGATIVE IMPACT
Ciena reported Q4 earnings of $0.54 per share, missing estimates and showing a decline from last year's $0.75 per share.
Ciena's earnings miss and year-over-year decline in EPS are likely to negatively impact investor sentiment, leading to a potential short-term decrease in stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100