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

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)