Infinera (INFN) Misses Q4 Earnings Estimates

Group 1 - Infinera reported quarterly earnings of $0.03 per share, missing the Zacks Consensus Estimate of $0.09 per share, and down from $0.12 per share a year ago, representing an earnings surprise of -66.67% [1] - The company posted revenues of $414.39 million for the quarter ended December 2024, surpassing the Zacks Consensus Estimate by 0.33%, but down from $453.46 million year-over-year [2] - Infinera has surpassed consensus revenue estimates two times over the last four quarters [2] Group 2 - The stock's immediate price movement will depend on management's commentary during the earnings call [3] - Infinera shares have gained about 1.2% since the beginning of the year, compared to the S&P 500's gain of 1.3% [3] Group 3 - The current consensus EPS estimate for the coming quarter is -$0.01 on revenues of $351.17 million, and $0.22 on revenues of $1.56 billion for the current fiscal year [7] - The estimate revisions trend for Infinera is mixed, resulting in a Zacks Rank 3 (Hold) for the stock, indicating expected performance in line with the market [6] Group 4 - The Computer - Networking industry, to which Infinera belongs, is currently in the top 27% of over 250 Zacks industries, suggesting a favorable outlook compared to the bottom 50% [8]