Finisar (FNSR) Provides Light Guide Post 2Q - Jefferies Remains Sidelined
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Go back to Finisar (FNSR) Provides Light Guide Post 2Q - Jefferies Remains Sidelined
December 11, 2015 11:24 AM EST
MKM Partners reiterated a Neutral rating and $13.75 price target on Finisar (NASDAQ: FNSR) following the company's 2Q earnings report. Results came in slightly better than expected driven by 10G Telecom. Total revenues came in at $321mn, above $315mn estimates. Datacom sales of... More
December 11, 2015 9:27 AM EST
Needham & Company reiterated a Buy rating and $18.00 price target on Finisar (NASDAQ: FNSR) following the company's 2Q earnings report. Despite the solid quarter against low expectations, the guide was still softer than Street estimates. New Products, stabilizing pricing in Data Comm, and... More
December 10, 2015 4:01 PM EST
Finisar (NASDAQ: FNSR) reported Q2 EPS of $0.25, $0.02 better than the analyst estimate of $0.23. Revenue for the quarter came in at $321.1 million versus the consensus estimate of $313.86 million.
GUIDANCE:
Finisar sees Q3 2016 EPS of $0.19-$0.25, versus the consensus of $0.24. Finisar sees Q3... More
December 9, 2015 2:52 PM EST
The Trading Radar highlights key earnings and economic announcements for the next trading session:
Before Markets Open:
Economics:
8:30am EST
Initial Claims - Street sees 269kContinuing Claims - Street sees 2.167MExport Prices: ex. Ag - no Street consensusImport Prices: ex. Oil - no Street consensus
Earnings:
Cantel Medical... More
