Infinera Earnings Preview

Infinera INFN announces its next round of earnings Wednesday. Here is Benzinga's everything-that-matters guide for today's Q4 earnings announcement.

Earnings and Revenue

Wall Street analysts see Infinera reporting a quarterly loss of 13 cents per share on sales of $190.26 million.

Infinera reported a per-share loss of 12 cents per sharewhen it published results during the same quarter last year. Sales in that period totaled $181 million. The Wall Street estimate would represent a 5 percent increase in the company's sales. Here's how the company's reported EPS has stacked up against analyst estimates in the past:

 

Quarter Q3 2017 Q2 2017 Q1 2017 Q4 2016
EPS Estimate -0.16 -0.16 -0.15 -0.13
EPS Actual -0.11 -0.15 -0.15 -0.12

 

Q4 EPS Estimate: -13 cents per share
Q4 Revenues Estimate: $190 million

Stock Performance

Shares of Infinera were trading at $6.25 as of Feb. 7. Over the last 52-week period, shares are down -33.3 percent. Given that these returns are generally negative, long-term shareholders are probably unhappy going into this earnings release.

Analysts have adjusted their estimates lower for EPS and revenues over the past 90 days. The average rating by analysts on Infinera stock is a Neutral. The strength of this rating has maintained conviction over the past 90 days.

Conference Call

Don't be surprised to see the stock move on comments made during its conference call. Infinera's Q4 conference call can be accessed here.

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