Tellabs (NASDAQ:TLAB) missed analyst expectations last quarter, but will try to make up for it when it announces its latest results on Thursday.
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Analysts currently expect Tellabs to come in with a loss of one cent per share on revenues of $288.6 million. Estimates from analysts range from a loss per share to earnings per share. Over the past three months, the average estimate has moved down from breaking even.
The stock price has been falling recently The share price has fallen 36 cents since July 6, 2012. Looking at change over the last three months, April 25, 2012 and July 20, 2012, the stock price fell 94 cents (-23.2%), from $4.03 to $3.10.
Company Fundamental Trends
Analysts think investors should stand pat on Tellabs with nine of 12 analysts rating it hold.
Last Quarter's Results
In the first quarter, the company's loss widened to a loss of a $139.8 million (38 cents a share) from a loss of $24.1 million (7 cents) a year earlier, missing analyst expectations. Revenue fell 20% to $257.9 million from $322.4 million.
Reporting Period: 2Q
Date of Release: Thursday, July 26, 2012
Revenue Estimate: $288.6 million
(Company fundamentals by Xignite Financials. Earnings estimates provided by Zacks)