Earnings Outlook for Adtran

Adtran ADTN announces its next round of earnings this Wednesday, August 05. Here is Benzinga's look at Adtran's Q2 earnings report.

Earnings and Revenue

Wall Street analysts see Adtran reporting earnings of $0.01 per share on revenue of $127.92 million. Adtran earnings in the same period a year ago was $0.140 per share. Quarterly sales came in at $156.39 million. The Wall Street consensus estimate for earnings would represent a 92.86% decrease for the company. Here's how the company's reported EPS has stacked up against analyst estimates in the past:

Stock Performance

Over the last 52-week period, shares are up 11.64%. Given that these returns are generally positive, long-term shareholders should be satisfied going into this earnings release.

Don't be surprised to see the stock move on comments made during its conference call. Adtran is scheduled to hold the call at 10:30:00 ET and can be accessed here: https://event.on24.com/eventRegistration/EventLobbyServlet?target=reg20.jsp&referrer=https%3A%2F%2Finvestors.adtran.com%2Fnews-and-events%2Fdefault.aspx&eventid=2400111&sessionid=1&key=441E6FA1A298E6A36A8DB1A09A441178&regTag=&sourcepage=register