JDS Uniphase Corp. Beats Analyst Expectations; JDSU, HRS, ERIC
Friday, 06 November 2009 04:42

 

Analysts were expecting JDS Uniphase Corp. (JDSU) [Chart - News - Analysis] to report earnings of $0.02 for last quarter, but JDSU beat expectations with actual earnings of $0.04---2 cents above the consensus estimate. JDSU also issued earnings guidance for next quarter that is above current analyst expectations.

 

If you compare last quarter's earnings to the $0.11 the company made per share during the same quarter a year ago, you can see that JDSU’s earnings are down this year.

 

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Also, if you compare JDSU's 14.71% projected earnings-per-share (EPS) growth rate for the next five years with the projected EPS growth rate of 13.00% for the Communication Equipment industry as a whole during that same time frame, you can see that analysts expect JDSU to outperform the industry in the future---which is a good sign for the stock.

 

Drilling down a little deeper into the Communication Equipment industry, you can see how analysts believe JDSU will stack up against some of the other stocks in the industry, like Harris Corp. (HRS) [Chart - News - Analysis] and LM Ericsson Telephone Company (ERIC) [Chart - News - Analysis], in the future. Analysts believe HRS's earnings are going to grow at a rate of 14.00% while ERIC's earnings are going to grow at a rate of 11.14%.

 

Earnings season can be a volatile time in the stock market. Check out these videos and articles to be better prepared to take advantage of the large price moves that tend to accompany earnings announcements.

 

- Earnings Season is Here - Find Out How to Trade It

- Using Options to Trade Earnings

- Understanding Stock Analyst Research and Recommendations

 

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3.25 Copyright (C) 2007 Alain Georgette / Copyright (C) 2006 Frantisek Hliva. All rights reserved."

 

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