Infinera (INFN) misses earnings estimates, but exceeds revenue estimates

From Nasdaq: 2025-02-27 20:55:01

Infinera (INFN) reported quarterly earnings of $0.03 per share, missing the Zacks Consensus Estimate of $0.09. This marks a decrease from $0.12 per share a year ago, with an earnings surprise of -66.67%. The company surpassed revenue estimates, posting $414.39 million for the quarter, exceeding expectations by 0.33%.

Infinera’s stock performance this year has been modest, gaining 1.2% compared to the S&P 500’s 1.3% increase. The company has a Zacks Rank #3 (Hold) with mixed estimate revisions. Analysts expect a loss of $0.01 per share on $351.17 million in revenues for the next quarter and $0.22 per share on $1.56 billion for the fiscal year.

Methode (MEI), a company in the Computer and Technology sector, is set to release its quarterly results on March 5. Analysts predict a quarterly loss of $0.17 per share, a 48.5% increase year-over-year, with revenues expected to reach $262.75 million, up 1.3% from the previous year. Estimates have remained stable over the last 30 days.

For investors considering Infinera Corporation (INFN), it’s crucial to monitor the company’s earnings outlook and industry trends. The Zacks Rank system can provide valuable insights into stock performance based on earnings estimate revisions. Stay informed on the latest recommendations from Zacks Investment Research for potential investment opportunities.



Read more at Nasdaq: Infinera (INFN) Misses Q4 Earnings Estimates