Gift Opening
$200 Off MarketBeat All Access
Thanks for being one of our best subscribers! You are eligible for a limited-time discount.
  •  days
  •  Hours
  •  Minutes
  •  Seconds
Claim Your Discount
×
Free Trial

Ciena (CIEN) Earnings Date, Estimates & Call Transcripts

$66.56
+0.69 (+1.05%)
(As of 10/16/2024 ET)

Earnings Summary

Upcoming
Earnings Date
Dec. 5Estimated
Actual EPS
(Sep. 4)
$0.35 Beat By $0.09
Consensus EPS
(Sep. 4)
$0.26
Skip Charts & View Estimated and Actual Earnings Data

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$0.36$0.36$0.36 
FY 20244$1.69$1.69$1.69 
Q1 20252$0.17$0.21$0.19 
Q2 20251$0.24$0.24$0.24 
Q3 20252$0.41$0.47$0.44 
Q4 20252$0.43$0.66$0.55 
FY 20257$1.25$1.58$1.42 
Q1 20261$0.38$0.38$0.38 
Q2 20261$0.47$0.47$0.47 
Q3 20261$0.65$0.65$0.65 

CIEN Earnings Date and Information

Ciena last posted its quarterly earnings data on September 4th, 2024. The communications equipment provider reported $0.35 earnings per share for the quarter, beating analysts' consensus estimates of $0.26 by $0.09. The business earned $942.30 million during the quarter, compared to analysts' expectations of $928.31 million. Its revenue was down 11.8% compared to the same quarter last year. 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 70.8. Earnings for Ciena are expected to grow by 61.06% in the coming year, from $1.13 to $1.82 per share. Ciena has not formally confirmed its next earnings publication date, but the company's estimated earnings date is Thursday, December 5th, 2024 based off prior year's report dates.

Ciena Earnings History by Quarter

DateQuarterConsensus EstimateReported EPSBeat/MissGAAP EPSRevenue EstimateActual RevenueLinks
12/5/2024
(Estimated)
------- 
9/4/2024Q3 2024$0.26$0.35+$0.09$0.16$928.31 million$942.30 million        
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        
This man predicted today’s most valuable companies more than a decade ago. (Ad)

How could it be that one analyst called the rise of Apple, Microsoft, Nvidia, and many of today’s best performing stocks more than a decade ago? Some might say it was luck… Others will say he was in the right place at the right time. But looking back, this analyst has made some incredible calls over his career… In fact, right now, he’s the #1 ranked stock picker in North America… To earn that title he’s beat out more than 16,000 stock market professionals. So how does one man accomplish all that? If you were to ask him, he’d give the credit to his stock rating system…. A system that has a history of predicting which stocks could soon rise by 100% or more…

Check it out, just follow this link and enter your email address.
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  

Ciena Earnings - Frequently Asked Questions

When is Ciena's earnings date?

Ciena has not confirmed its next earnings publication date, but the company's estimated earnings date is Thursday, December 5th, 2024 based off last year's report dates. Learn more on CIEN's earnings history.

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

Ciena issued an update on its fourth quarter 2024 earnings guidance on Monday, September, 9th. The company issued revenue guidance of $1.1 billion-$1.1 billion, compared to the consensus revenue estimate of $1.1 billion.

Did Ciena beat their earnings estimates last quarter?

In the previous quarter, Ciena (NYSE:CIEN) reported $0.35 earnings per share (EPS) to beat the analysts' consensus estimate of $0.26 by $0.09. 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 much revenue does Ciena generate each year?

Ciena (NYSE:CIEN) has a recorded annual revenue of $4.02 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 70.81 and a forward price-to-earnings ratio of 58.90. The price/earnings-to-growth ratio is 8.83.

What is Ciena's EPS forecast for next year?

Ciena's earnings are expected to grow from $1.13 per share to $1.82 per share in the next year, which is a 61.06% increase.


More Earnings Resources from MarketBeat


This page (NYSE:CIEN) was last updated on 10/17/2024 by MarketBeat.com Staff
From Our Partners