New York, June 8th (TradersHuddle.com) – Shares of Ciena Corporation (NASDAQ:CIEN) are trading lower by -0.65% ahead of its quarterly earnings release. Ciena, the communications network plataforms provider is expected to release its quarterly results on June 9th.
Wall Street Analysts consensus calls for a loss of $-0.27 a share on $268.31 million revenue.
Ciena estimates have a range of $0.55 a share. The high estimate calls for loss of $-0.08 a share and the low estimate is calling for a loss of $-0.63 a share, a year ago for the quarter the company reported $-0.25 a share.