Analysts expect over 2020 decreasing revenue Ciena Corp

Tomorrow the American Ciena Corp will report its past quarters results. For this year Ciena Corp 's revenue will be around 3,53 billion USD. This is according to the average of the analysts' estimates. This is slightly lower than 2019's revenue of 3,57 billion USD.

Historical revenues and results Ciena Corp plus estimates 2020

The analysts expect for 2020 a net profit of 463 million USD. According to most of the analysts the company will have a profit per share for this book year of 2,97 USD. Based on this the price/earnings-ratio is 16,26.

For this year analysts don't expect the company to pay a dividend. The average dividend yield of the telecommunications companies equals a moderate 0,62 percent.

Ciena Corp 's market capitalization is based on the number of outstanding shares around 7,45 billion USD. The Ciena Corp stock was the past 12 months quite volatile. Since last December the stock is even 39 percent higher. This year the stock price moved between 31 and 62 dollar.

Historical stock prices Ciena Corp

Click here for dividend Ciena Corp. On Tuesday the stock closed at 48,29 USD.

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