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Ciena (CIEN) Earnings Date, Estimates & Call Transcripts

$54.80
+0.20 (+0.37%)
(As of 08/21/2024 ET)

Earnings Summary

Upcoming
Earnings Date
Sep. 4
Before Market Opens
Confirmed
Actual EPS
(Jun. 6)
$0.27 Beat By $0.12
Consensus EPS
(Jun. 6)
$0.15
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CIEN Earnings Estimates and Actuals by Quarter

The chart below shows up to four years of a company's earnings history. The dark blue line represents the company's actual earnings per share. The light blue area represents the range of Wall Street analysts' earnings estimates for each quarter.

CIEN Estimated and Actual Revenue by Quarter

The chart below shows up to four years of a company's revenue history. The dark blue line represents the company's actual revenue. The light blue line represents the company's estimated revenue based on the consensus of Wall Street analysts for each quarter.

Ciena Analyst EPS Estimates

QuarterNumber of EstimatesLow EstimateHigh EstimateAverage EstimateCompany Guidance
Q1 20241$0.30$0.30$0.30 
Q2 20241$0.50$0.50$0.50 
Q3 20241$0.53$0.53$0.53 
Q4 20241$0.61$0.61$0.61 
FY 20244$1.94$1.94$1.94 
Q1 20251$0.38$0.38$0.38 
Q2 20251$0.76$0.76$0.76 
Q3 20251$0.76$0.76$0.76 
Q4 20251$0.67$0.67$0.67 
FY 20254$2.57$2.57$2.57 
Q1 20261$0.45$0.45$0.45 

CIEN Earnings Date and Information

Ciena last posted its earnings results on June 6th, 2024. The communications equipment provider reported $0.27 earnings per share for the quarter, beating the consensus estimate of $0.15 by $0.12. The firm earned $910.80 million during the quarter, compared to analysts' expectations of $895.80 million. Its revenue for the quarter was down 19.6% on a year-over-year basis. Ciena has generated $1.04 earnings per share over the last year ($1.04 diluted earnings per share) and currently has a price-to-earnings ratio of 52.7. Earnings for Ciena are expected to grow by 61.74% in the coming year, from $1.15 to $1.86 per share. Ciena has confirmed that its next quarterly earnings report will be published on Wednesday, September 4th, 2024. Ciena will be holding an earnings conference call on Wednesday, September 4th at 8:30 AM Eastern. Interested parties can register for or listen to the call..

Ciena Earnings History by Quarter

DateQuarterConsensus EstimateReported EPSBeat/MissGAAP EPSRevenue EstimateActual RevenueDetails
9/4/2024
(Confirmed)
-------  
6/6/2024Q2 2024$0.1540$0.27+$0.1160$0.22$895.80 million$910.80 million          
3/7/2024Q1 2024$0.48$0.66+$0.18$0.52$1.02 billion$1.04 billion          
12/7/2023Q4 2023$0.69$0.75+$0.06$0.50$1.10 billion$1.13 billion        
8/31/2023Q3 2023$0.51$0.59+$0.08$0.52$1.04 billion$1.07 billion        
6/6/2023Q2 2023$0.61$0.74+$0.13$0.80$1.09 billion$1.13 billion        
3/6/2023Q1 2023$0.3640$0.64+$0.2760$0.45$959.04 million$1.06 billion          
12/8/2022Q4 2022($0.07)$0.49+$0.56$0.59$847.83 million$971.00 million        
9/1/2022Q3 2022$0.21$0.18($0.03)$0.29$903.95 million$867.30 million          
6/2/2022Q2 2022$0.42$0.36($0.06)$0.47$950.86 million$949.20 million          
3/7/2022Q1 2022$0.36$0.35($0.01)$0.41$845.14 million$844.40 million        
12/9/2021Q4 2021$0.85$0.85-$0.84$1.02 billion$1.04 billion        
9/1/2021Q3 2021$0.79$0.92+$0.13$0.10$969.41 million$988.10 million        
6/2/2021Q2 2021$0.48$0.62+$0.14$0.38$829.15 million$833.90 million      
3/3/2021Q1 2021$0.45$0.52+$0.07$0.49$750.24 million$757.10 million  
12/9/2020Q4 2020$0.63$0.60($0.03)$0.64$826.70 million$828.50 million  
9/3/2020Q3 2020$0.83$1.06+$0.23$1.05$974.49 million$976.70 million    
6/4/2020Q2 2020$0.49$0.76+$0.27$0.73$889.42 million$894.00 million    
3/5/2020Q1 2020$0.38$0.52+$0.14$0.50$818.48 million$832.91 million    
12/12/2019Q4 2019$0.63$0.58($0.05)$0.51$966.28 million$968.00 million  
9/5/2019Q3 2019$0.50$0.71+$0.21$0.73$930.64 million$960.60 million    

Ciena Earnings - Frequently Asked Questions

When is Ciena's earnings date?

Ciena has confirmed that its next quarterly earnings data will be published on Wednesday, September 4th, 2024. Learn more on CIEN's earnings history.

What guidance has Ciena issued on next quarter's earnings?

Ciena issued an update on its third quarter 2024 earnings guidance on Friday, June, 7th. The company issued revenue guidance of $880.0 million-$960.0 million, compared to the consensus revenue estimate of $1.0 billion.

Did Ciena beat their earnings estimates last quarter?

In the previous quarter, Ciena (NYSE:CIEN) reported $0.27 earnings per share (EPS) to beat the analysts' consensus estimate of $0.15 by $0.12. Learn more on analysts' earnings estimate vs. CIEN's actual earnings.

How can I listen to Ciena's earnings conference call?

The conference call for Ciena's latest earnings report can be listened to online. Listen to Conference Call

How can I read Ciena's conference call transcript?

The conference call transcript for Ciena's latest earnings report can be read online. Read Transcript

How can I view Ciena's earnings report?

Ciena's earnings report can be found in their filing with the SEC. View SEC filing

How much revenue does Ciena generate each year?

Ciena (NYSE:CIEN) has a recorded annual revenue of $4.15 billion.

How much profit does Ciena generate each year?

Ciena (NYSE:CIEN) has a recorded net income of $254.83 million. CIEN has generated $1.04 earnings per share over the last four quarters.

What is Ciena's price-to-earnings ratio?

Ciena (NYSE:CIEN) has a trailing price-to-earnings ratio of 52.69 and a forward price-to-earnings ratio of 47.65. The price/earnings-to-growth ratio is 5.35.

What is Ciena's EPS forecast for next year?

Ciena's earnings are expected to grow from $1.15 per share to $1.86 per share in the next year, which is a 61.74% increase.


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This page (NYSE:CIEN) was last updated on 8/22/2024 by MarketBeat.com Staff

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