Infinera CorpQ) expected to post earnings of 1 cent a share - Earnings Preview

Reuters
2025.02.28 21:47
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Infinera CorpQ) is anticipated to report earnings of 1 cent per share and a 14.3% revenue increase to $350.7 million for the quarter ending March 31, 2025. The average analyst rating is "hold" with no strong buy recommendations. The mean earnings estimate has risen by 2.9% in the last three months, and the median 12-month price target is $6.65, slightly above the last closing price of $6.64.

  • Infinera Corp (INFN.OQ) (INFN.O) is expected to show a rise in quarterly revenue when it reports results on April 29 (estimated) for the period ending March 31 2025

  • The San Jose California-based company is expected to report a 14.3% increase in revenue to $350.7 million from $306.92 million a year ago, according to the mean estimate from 3 analysts, based on LSEG data.

  • ​LSEG’s mean analyst estimate for Infinera Corp is for earnings of 1 cent per share.

  • The current average analyst rating on the shares is “hold” and the breakdown of recommendations is no “strong buy” or “buy,” 4 “hold” and 1 “sell” or “strong sell.”

  • The mean earnings estimate of analysts had risen by about 2.9% in the last three months. ​

  • Wall Street’s median 12-month price target for Infinera Corp is $6.65​, above​ its last closing price of $6.64. ​​​ Previous quarterly performance (using preferred earnings measure in US dollars). ​

QUARTER STARMINESM LSEG IBES ACTUAL BEAT, SURPRI

ENDING ARTESTIMAT ESTIMATE MET, SE %

E® MISSED

Dec. 31 2024 0.08 0.11

Sep. 30 2024 0.04 0.07 0.00 Missed -100

Jun. 30 2024 -0.08 -0.08 -0.06 Beat 27.7​

Mar. 31 2024 -0.13 -0.13 -0.17 Missed -30.8

​​Dec. 0.10 0.10 0.12 Beat 20.9

31 2023

Sep. 30 2023 0.05 0.04 0.08 Beat 78.6​

Jun. 30 2023 -0.02 -0.03 0.00 Beat 100

Mar. 31 2023 -0.01 -0.02 0.03 Beat 285

This summary was machine generated February 28 at 21:47 GMT. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)