Benzinga | Aug 10, 2020 11:07AM EDT

Preview: Viavi Solutions's Earnings

On Tuesday, August 11, Viavi Solutions (NASDAQ: VIAV) will release its latest earnings report. Check out Benzinga's preview to understand the implications.

Earnings and Revenue

Viavi Solutions EPS is expected to be around $0.13, according to sell-side analysts. Sales will likely be near $259.44 million. In the same quarter last year, Viavi Solutions posted EPS of $0.17 on sales of $289.70 million. If the company were to match the consensus estimate when it reports Tuesday, EPS would have fallen 23.53%. In comparison to analyst estimates in the past, here's how the company's reported EPS stacks up:

Quarter Q3 2020 Q2 2020 Q1 2019 Q4 2019EPS Estimate 0.13 0.19 0.16 0.15EPS Actual 0.14 0.23 0.18 0.17Revenue Estimate 275.81 M 303.07 M 287.29 M 278.87 MRevenue Actual 256.20 M 313.70 M 299.80 M 289.70 M

Stock Performance

Over the last 52-week period, shares are down 0.14%. Given that these returns are generally negative, long-term shareholders are probably a little upset going into this earnings release.

Don't be surprised to see the stock move on comments made during its conference call. Viavi Solutions is scheduled to hold the call at 16:30:00 ET and can be accessed here: https://event.on24.com/eventRegistration/EventLobbyServlet?target=reg20.jsp&referrer=https%3A%2F%2Finvestor.viavisolutions.com%2Fnews-and-events%2Fevents%2Fevent-details%2F2020%2FQ4-2020-VIAVI-Solutions-Inc-Earnings-Conference-Call%2Fdefault.aspx&eventid=2402252&sessionid=1&key=4A11374647FB4C6D34E83EA568191D1F&regTag=&sourcepage=register