Finisar Announces Third Fiscal Quarter 2016 Financial Results
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Go back to Finisar Announces Third Fiscal Quarter 2016 Financial Results
March 11, 2016 7:25 AM EST
Piper Jaffray analyst Troy Jensen reiterated an Overweight rating and raised his price target on Finisar (NASDAQ: FNSR) to $20.00 (from $17.00) following solid FQ3 results with EPS coming in above Street expectations and the company guided FQ4 revenue and EPS ahead of consensus estimates.
"The... More
March 11, 2016 7:13 AM EST
B. Riley upgraded Finisar (NASDAQ: FNSR) from Neutral to Buy with a price target of $20.00.
For an analyst ratings summary and ratings history on Finisar click here. For more ratings news on Finisar click here.
Shares of Finisar closed at $14.18 yesterday.
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March 10, 2016 4:01 PM EST
Finisar (NASDAQ: FNSR) reported Q3 EPS of $0.25, $0.03 better than the analyst estimate of $0.22. Revenue for the quarter came in at $309.2 million versus the consensus estimate of $311.97 million.
GUIDANCE:
Finisar sees Q4 2016 EPS of $0.22-$0.28, versus the consensus of $0.21. Finisar sees Q4... More
