Needham & Company Reiterated Buy on Finisar (FNSR) Despite Soft Guide
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Go back to Needham & Company Reiterated Buy on Finisar (FNSR) Despite Soft Guide
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 8:49 AM EST
Jefferies reiterated a Hold rating and $13.25 price target on Finisar (NASDAQ: FNSR) following the company's 2Q earnings report. Revenue increased 2% to $321M, above the Street's $314M. Q2 EPS hit $0.25, above Consensus of $0.23. FQ3 revenue and EPS guidance of ~$310M and $0.22 were below Consensus ($319M,... 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
