Earnings Forecast Research on Finisar Corporation (FNSR)

Finisar Corporation has received $0.51 as the consensus Earnings Estimate for the Quarter ending on Jan 2017 ,According to the estimate provided by 3 Financial Advisor in the Stock Trading Firms. Among 3 Analysts, Bottom line EPS Estimate for the current quarter is $0.49 while the top line estimate is $0.54 , a key information to consider for Day Trading and investing in stocks. The EPS growth rate is projected at 183.33%.

Finisar Corporation reported better than expected with a surprise EPS of 31.58% or $0.12 during its most recent quarterly earnings. The Actual EPS was $0.5 compared to the Estimated EPS of $0.38. Sunnyvale based Finisar Corporation Last reported the Quarter results on Oct 31, 2016 and the Next earnings date is scheduled to be released on Mar 09, 2017.

Finisar Corporation has a Price to Earnings ratio of 25.98 for the trailing twelve month period. The price to book ratio of the company for the most recent quarter is 2.59. For the Most Recent Fiscal Year, Finisar Corporation has a price to cash ratio of 18.95. For the Trailing twelve month period, company showed a Net Profit Margin of 7.31% and Return on Equity of the stock is 10.56%.

In the last quarter, Finisar Corporation reported Annual Earnings of $0.5. Based on the filings, last years Annual Earnings was, $0.57. In the last Quarter, FNSR reported a surprise Earnings per Share of 31.58% . The consensus estimate for current quarter is $0.51 and for the current fiscal year, the estimate is $1.74. For the Next fiscal year, the estimate is $2.12 based on the consensus.

Finisar Corporation (NASDAQ:FNSR) : On Tuesday heightened volatility was witnessed in Finisar Corporation (NASDAQ:FNSR) which led to swings in the share price. The stock opened for trading at $29.26 and hit $29.6 on the upside , eventually ending the session at $29.57, with a gain of 0.72% or 0.21 points. The heightened volatility saw the trading volume jump to 1,736,750 shares. The 52-week high of the share price is $36.85 and the company has a market cap of $3,273 million. The 52-week low of the share price is at $12.19 .

FINISAR CORP. is a provider of fiber optic subsystems and network test and monitoring systems which enable high-speed data communications over local area networks, or LANs, storage area networks, or SANs, and metropolitan access networks, or MANs. They are focused on the application of digital fiber optics to provide aline of high-performance, reliable, value-added optical subsystems for data networking and storage equipment manufacturers.


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