Ciena (CIEN) Up 24.5% Since Last Earnings Report: Can It Continue?
Ciena(CIEN) ZACKS·2024-10-05 00:31
A month has gone by since the last earnings report for Ciena (CIEN) . Shares have added about 24.5% in that time frame, outperforming the S&P 500. Will the recent positive trend continue leading up to its next earnings release, or is Ciena due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important drivers. Ciena Q3 Earnings Top Estimates Ciena reported third-quarter fi ...