Viavi Solutions Inc. (NASDAQ:VIAV) will release its earnings data after the market closes on Wednesday, November 1st. Analysts expect Viavi Solutions to post earnings of $0.08 per share for the quarter. Viavi Solutions has set its Q1 guidance at $0.06-0.09 EPS.

Viavi Solutions (NASDAQ:VIAV) last announced its quarterly earnings results on Tuesday, August 15th. The communications equipment provider reported $0.09 EPS for the quarter, topping analysts’ consensus estimates of $0.06 by $0.03. Viavi Solutions had a net margin of 20.57% and a return on equity of 8.46%. The firm had revenue of $198.10 million during the quarter, compared to analyst estimates of $196.22 million. During the same period in the previous year, the business posted $0.10 earnings per share. The business’s revenue for the quarter was down 11.6% on a year-over-year basis. On average, analysts expect Viavi Solutions to post $0.31 EPS for the current fiscal year and $0.5 EPS for the next fiscal year.

Shares of Viavi Solutions Inc. (NASDAQ VIAV) opened at 9.57 on Wednesday. The stock has a 50 day moving average of $9.66 and a 200-day moving average of $10.48. The company has a market capitalization of $2.18 billion, a price-to-earnings ratio of 13.54 and a beta of 1.31. Viavi Solutions Inc. has a 52 week low of $6.99 and a 52 week high of $11.89.

TRADEMARK VIOLATION NOTICE: “Viavi Solutions Inc. (VIAV) Scheduled to Post Earnings on Wednesday” was originally posted by American Banking News and is owned by of American Banking News. If you are accessing this piece of content on another site, it was copied illegally and republished in violation of United States & international copyright laws. The legal version of this piece of content can be read at https://www.americanbankingnews.com/2017/10/25/viavi-solutions-inc-viav-scheduled-to-post-earnings-on-wednesday.html.

Several equities analysts recently commented on the stock. B. Riley reaffirmed a “buy” rating and issued a $14.00 price objective on shares of Viavi Solutions in a research report on Thursday, August 10th. Stifel Nicolaus reaffirmed a “hold” rating on shares of Viavi Solutions in a research report on Tuesday. Zacks Investment Research lowered shares of Viavi Solutions from a “buy” rating to a “hold” rating in a research report on Saturday, August 19th. MKM Partners raised their price target on shares of Viavi Solutions from $11.00 to $12.00 and gave the stock a “buy” rating in a research report on Wednesday, August 16th. Finally, BidaskClub lowered shares of Viavi Solutions from a “hold” rating to a “sell” rating in a research report on Monday, August 14th. One equities research analyst has rated the stock with a sell rating, three have given a hold rating and six have issued a buy rating to the company’s stock. The company has a consensus rating of “Buy” and an average target price of $12.78.

In other news, VP Kevin Christopher Siebert sold 10,689 shares of the firm’s stock in a transaction that occurred on Friday, September 29th. The shares were sold at an average price of $9.40, for a total transaction of $100,476.60. Following the sale, the vice president now owns 14,968 shares of the company’s stock, valued at approximately $140,699.20. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Richard Belluzzo sold 10,000 shares of the firm’s stock in a transaction that occurred on Friday, October 13th. The stock was sold at an average price of $9.54, for a total transaction of $95,400.00. The disclosure for this sale can be found here. Insiders have sold a total of 100,694 shares of company stock valued at $978,964 over the last three months. 0.59% of the stock is currently owned by insiders.

Viavi Solutions Company Profile

Viavi Solutions Inc (Viavi) is a provider of network test, monitoring and assurance solutions to communications service providers, enterprises and their ecosystems. The Company also offers thin film optical coatings, providing light management solutions to anti-counterfeiting, consumer and industrial, government and healthcare and other markets.

Earnings History for Viavi Solutions (NASDAQ:VIAV)

Receive News & Ratings for Viavi Solutions Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Viavi Solutions Inc. and related companies with MarketBeat.com's FREE daily email newsletter.