Tellabs Fourth Quarter Earnings Sneak Peek
Tellabs, Inc. (NASDAQ:TLAB) will unveil its latest earnings tomorrow, Thursday, January 31, 2013. Tellabs designs and markets equipment to telecommunications service providers worldwide.
Tellabs, Inc. Earnings Preview Cheat Sheet
The average estimate is the same as three months ago. Between one and three months ago, the average estimate was unchanged. It also has not changed during the last month.
Past Earnings Performance: Last quarter, the company met expectations by reporting 0 cents per share last quarter. In the previous second quarter, the company beat estimates by 2 cents.
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A Look Back: In the third quarter, the company’s loss narrowed to a loss of $3.9 million (one cent a share) from a loss of $138.2 million (38 cents) a year earlier, meeting analyst expectations. Revenue fell 15.7% to $264.4 million from $313.8 million.
Here’s how Tellabs traded following its last earnings report 3 months ago and leading up to its upcoming earnings report this week: