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Equities analysts forecast that Ciena Co. (NYSE:CIEN – Get Rating) will announce $908.96 million in sales for the current fiscal quarter, Zacks Investment Research reports. Five analysts have issued estimates for Ciena’s earnings, with the lowest sales estimate coming in at $900.00 million and the highest estimate coming in at $936.70 million. Ciena reported sales […]
A number of research firms have changed their ratings and price targets for Ciena (NYSE: CIEN): 6/3/2022 – Ciena had its price target lowered by analysts at Barclays PLC from $84.00 to $70.00. They now have an “overweight” rating on the stock. 6/3/2022 – Ciena had its price target lowered by analysts at UBS Group […]
Ciena (NYSE:CIEN – Get Rating) released its quarterly earnings data on Thursday. The communications equipment provider reported $0.50 earnings per share for the quarter, missing the consensus estimate of $0.54 by ($0.04), Briefing.com reports. Ciena had a return on equity of 13.17% and a net margin of 13.23%. The firm had revenue of $949.20 million […]
Ciena Co. (NYSE:CIEN – Get Rating) CEO Gary B. Smith sold 3,542 shares of the business’s stock in a transaction dated Monday, May 23rd. The shares were sold at an average price of $50.19, for a total transaction of $177,772.98. Following the sale, the chief executive officer now directly owns 443,924 shares of the company’s […]
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