JDS Uniphase Corp Second Quarter Earnings Sneak Peek

  Google+ | + More Articles
  • Like on Facebook
  • Share on Google+
  • Share on LinkedIn

S&P 500 (NYSE:SPY) component JDS Uniphase Corporation (NASDAQ:JDSU) will unveil its latest earnings tomorrow, Wednesday, January 30, 2013. JDS Uniphase provides communications test and measurement solutions and optical products for cable operators, telecommunications service providers and network equipment manufacturers.

JDS Uniphase Corporation Earnings Preview Cheat Sheet

Wall St. Earnings Expectations: The average estimate of analysts is for net income of 10 cents per share, a rise of 66.7% from the company’s actual earnings for the same quarter a year ago. During the past three months, the average estimate has moved down from 19 cents. Between one and three months ago, the average estimate moved down. It has been unchanged at 10 cents during the last month. Analysts are projecting profit to rise by 56.3% versus last year to 50 cents.

Past Earnings Performance: The company has beaten estimates the last two quarters and is coming off a quarter where it topped the forecasts by one cent, reporting profit of 10 cents per share against a mean estimate of net income of 9 cents. In the fourth quarter of the last fiscal year, the company exceeded forecasts by 2 cents with profit of 10 cents versus a mean estimate of net income of 8 cents.

Start 2013 better than ever by saving time and making money with your Limited Time Offer for our highly-acclaimed Stock Picker Newsletter. Click here for our fresh Feature Stock Pick now!

A Look Back: In the first quarter, the company’s loss widened to a loss of a $11.6 million (5 cents a share) from a loss of $5.8 million (3 cents) a year earlier, but beat analyst expectations. Revenue was unchanged at $420.9 million.

Here’s how JDS Uniphase Corp traded following its last earnings report 3 months ago and leading up to its upcoming earnings report this week:

jdsu

More Articles About:

To contact the reporter on this story: staff.writers@wallstcheatsheet.com To contact the editor responsible for this story: editors@wallstcheatsheet.com

Yahoo Finance, Harvard Business Review, Market Watch, The Wall St. Journal, Financial Times, CNN Money, Fox Business