Alcatel-Lucent is expected to book a narrower loss than a year ago when it reports second-quarter earnings on Thursday, October 30, 2014. Analysts are expecting a loss of one cents per share, up from a loss of 11 cents per share a year ago.
The consensus estimate is down from three months ago when it was zero cents, but is unchanged over the past month. For the fiscal year, analysts are projecting a loss of three cents per share. Analysts look for revenue to decrease 6% year-over-year to $4.41 billion for the quarter, after being $4.71 billion a year ago. For the year, revenue is expected to come in at $17.63 billion.
Alcatel-Lucent provides product offerings that enable service providers, enterprises, and governments worldwide, to deliver voice, data, and video communication services to end-users. Cisco Systems, also in the communications equipment industry, will report earnings on Wednesday, November 12, 2014. Analysts are expecting earnings of 48 cents per share for Cisco, the same as last year's results.
Other companies in the technology sector include: Telefonaktiebolaget LM Ericsson, Nokia and ADTRAN.
Earnings estimates provided by Zacks.
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