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Lumentum (NASDAQ:LITE – Get Rating) is scheduled to issue its quarterly earnings data before the market opens on Wednesday, May 4th. Analysts expect the company to announce earnings of $0.79 per share for the quarter. Lumentum has set its Q3 guidance at $1.01-$1.19 EPS.Parties interested in participating in the company’s conference call can do so […]

Lumentum (NASDAQ:LITE – Get Rating) was downgraded by Zacks Investment Research from a “buy” rating to a “hold” rating in a report released on Wednesday, Zacks.com reports. According to Zacks, “Lumentum Holdings Inc. is a manufacturer of innovative optical and photonic products. The Company’s operating segment consists of Optical Communications and Commercial Lasers. Optical Communications […]

Wall Street brokerages expect Lumentum Holdings Inc. (NASDAQ:LITE – Get Rating) to report $393.60 million in sales for the current quarter, according to Zacks. Six analysts have provided estimates for Lumentum’s earnings, with the lowest sales estimate coming in at $390.00 million and the highest estimate coming in at $400.30 million. Lumentum posted sales of […]