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Wednesday, 08/09/2017 12:48:16 PM

Wednesday, August 09, 2017 12:48:16 PM

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Oclaro, Inc. to Post Q1 2018 Earnings of $0.15 Per Share, DA Davidson Forecasts (NASDAQ:OCLR)

Posted by Charlotte Bryant on Aug 9th, 2017 // No Comments

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Oclaro, Inc. (NASDAQ:OCLR) – Analysts at DA Davidson cut their Q1 2018 earnings estimates for shares of Oclaro in a research report issued on Thursday. DA Davidson analyst M. Kelleher now expects that the semiconductor company will post earnings of $0.15 per share for the quarter, down from their prior forecast of $0.16. DA Davidson has a “Buy” rating and a $14.00 price objective on the stock. DA Davidson also issued estimates for Oclaro’s Q2 2018 earnings at $0.16 EPS, Q3 2018 earnings at $0.15 EPS, FY2018 earnings at $0.66 EPS and FY2019 earnings at $0.72 EPS.