What to Expect from Viavi Solutions's Earnings

Viavi Solutions (NASDAQ:VIAV) is set to give its latest quarterly earnings report on Thursday, 2024-10-31. Here's what investors need to know before the announcement.

Analysts estimate that Viavi Solutions will report an earnings per share (EPS) of $0.06.

The announcement from Viavi Solutions is eagerly anticipated, with investors seeking news of surpassing estimates and favorable guidance for the next quarter.

It's worth noting for new investors that guidance can be a key determinant of stock price movements.

Past Earnings Performance

In the previous earnings release, the company beat EPS by $0.01, leading to a 7.12% drop in the share price the following trading session.

Here's a look at Viavi Solutions's past performance and the resulting price change:

Quarter

Q4 2024

Q3 2024

Q2 2024

Q1 2024

EPS Estimate

0.07

0.07

0.09

0.10

EPS Actual

0.08

0.06

0.11

0.09

Price Change %

-7.000000000000001%

-6.0%

-5.0%

6.0%

Analyst Opinions on Viavi Solutions

For investors, grasping market sentiments and expectations in the industry is vital. This analysis explores the latest insights regarding Viavi Solutions.

With 2 analyst ratings, Viavi Solutions has a consensus rating of Buy. The average one-year price target is $9.5, indicating a potential 0.21% upside.

Analyzing Ratings Among Peers

In this comparison, we explore the analyst ratings and average 1-year price targets of Extreme Networks, Calix and Infinera, three prominent industry players, offering insights into their relative performance expectations ...