First estimates: CIENA announces results for the past quarter

CIENA is expected to release its financial statements on March 7, 2022 for the most recent quarter ended January 31, 2022.

15 Analysts estimate that CIENA will report earnings per share of $0.451 on average for the most recent quarter. Last year, the company had generated EPS of $0.520 per share.

In terms of revenue, 12 analysts forecast an average of $853.7 million for the past quarter, an increase of 12.75 percent over the same quarter last year. At the time, CIENA had sales of $757.1 million.

16 analysts provide an outlook for the current fiscal year. They are forecasting earnings of $3.07 per share on average, up from $2.91 per share in the year-ago period. 14 analysts saw annual sales at an average of USD 4.05 billion. In the previous year, USD 3.62 billion had been generated.

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