Ciena Corporation (NASDAQ:CIEN) is scheduled to release last fiscal quarter's results before the opening bell on December 8, 2011. CIEN trades an average of 4.2 million shares per day.
- 52 Week High: $29.24
- 52 Week Low: $9.89
- Book Value: $0.29
- Float Short: 25.95%
On average, analysts are expecting a drop of $-0.01 in earnings per share compared to last quarter's results of $0.08. A beat of $0.07 per share will top the estimated mean earnings.
Revenue year-over-year has increased to $902.45 million for 2010 vs. $652.63 million for 2009. The bottom line has rising earnings year-over-year of $38.89 million for 2010 vs. $-581.15 million for 2009. The company's earnings before interest and taxes are rising with an EBIT year-over-year of $21.87 million for 2010 vs. $-579.23 million for 2009. Rising revenue along with rising earnings is a very good sign and what we want to see with our companies. Be sure to check the margins to make sure that the bottom line is keeping up with the top line.
Here is a look at the fiscal year revenue:
click to enlarge
Gross reported revenue compared to the mean estimate (rounded).
|Fiscal Quarter Ending Month-Year||Revenue Estimates||Actual||$ Difference||Difference %|
|Jul-11||$ 443.91 M||$ 435.31 M||$ -8.60 M||-1.94%|
|Apr-11||$ 428.11 M||$ 417.89 M||$ -10.22 M||-2.39%|
|Jan-11||$ 421.91 M||$ 433.31 M||$ 11.40 M||2.7%|
|Oct-10||$ 405.32 M||$ 417.61 M||$ 12.29 M||3.03%|
|Jul-10||$ 385.33 M||$ 389.67 M||$ 4.34 M||1.13%|
M = millions, B = billions
Differences are rounded. (Some onetime items are often excluded in reported EPS)
Reported earnings per share compared to the mean estimate. Differences are rounded.
The total short interest number of shares for CIEN
The number of days to cover short interest based on average daily trading volume for CIEN
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