JDS Uniphase Corp Fourth Quarter Earnings Sneak Peek

S&P 500 (NYSE:SPY) component JDS Uniphase Corp (NASDAQ:JDSU) will unveil its latest earnings on Wednesday, August 17, 2011. JDS Uniphase Corporation provides communications test and measurement solutions and optical products for cable operators, telecommunications service providers and network equipment manufacturers.

Investing Insights: Steve Jobs Prepares to Deliver a New Catalyst for Apple’s Stock.

JDS Uniphase Corp Earnings Preview Cheat Sheet

Wall St. Earnings Expectations: The average estimate of analysts is for profit of 18 cents per share, a rise of twofold from the company’s actual earnings for the same quarter a year ago. The average estimate is the same as three months ago. Between one and three months ago, the average estimate was unchanged and it has not changed during the last month. For the year, analysts are projecting net income of 77 cents per share, a rise of more than threefold from last year.

Past Earnings Performance: The company missed estimates last quarter after beating forecasts in the prior two. In the third quarter, the company reported profit of 17 cents per share versus a mean estimate of net income of 18 cents per share. In second quarter, the company beat estimates by 9 cents.

Investing Insights: Steve Jobs Prepares to Deliver a New Catalyst for Apple’s Stock.

Wall St. Revenue Expectations: On average, analysts predict $466.4 million in revenue this quarter, a rise of 17.1% from the year ago quarter. Analysts are forecasting total revenue of $1.81 billion for the year, a rise of 32.1% from last year’s revenue of $1.37 billion.

Analyst Ratings: Analysts are bullish on JDS Uniphase as eight analysts rate it as a buy, none rate it as a sell and four rate it as a hold.

Key Stats:

The company has enjoyed double-digit year-over-year percentage revenue growth for the past four quarters. Over that span, the company has averaged growth of 38.1%, with the biggest boost coming in the fourth quarter of the last fiscal year when revenue rose 41.6% from the year earlier quarter.

Competitors to Watch: EXFO Electro-Optical Engineering (NASDAQ:EXFO), Finisar Corporation (NASDAQ:FNSR), Ixia (NASDAQ:XXIA), Oclaro, Inc. (NASDAQ:OCLR), Tollgrade Communications, Inc. (NASDAQ:TLGD), Oplink Communications, Inc (NASDAQ:OPLK), Ciena Corporation (NASDAQ:CIEN), Agilent Technologies Inc. (NYSE:A), and RiT Technologies Ltd. (NASDAQ:RITT).

Stock Price Performance: During May 18, 2011 to August 12, 2011, the stock price had fallen $8.90 (-43.6%) from $20.42 to $11.52. The stock price saw one of its best stretches over the last year between January 25, 2011 and February 4, 2011 when shares rose for nine-straight days, rising 41% (+$6.62) over that span. It saw one of its worst periods between July 26, 2011 and August 2, 2011 when shares fell for six-straight days, falling 16.9% (-$2.53) over that span. Shares are down $2.96 (-20.4%) year to date.

(Source: Xignite Financials)

Investing Insights: Steve Jobs Prepares to Deliver a New Catalyst for Apple’s Stock.