As Alcatel Lucent SA (ADR) (NYSE:ALU) prepares to announce its first-quarter earnings this Friday, April 26, put options have become quite popular on the Paris-based telecom concern.
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Alcatel Lucent SA (ADR)(NYSE:ALU) has posted worse- than-expected quarterly loss as sales were stagnant and restructuring costs continued to move north in the last quarter.
Alcatel Lucent SA (ADR) (NYSE:ALU) shares gained 1.90% to $1.50. The company, on April 26, posted a wider than expected loss for the first quarter as sales nearly stalled and restructuring costs continued to mount.
Alcatel Lucent SA (ADR) (NYSE:ALU) shares gained 8.78% to $1.42. The company, on April 26, posted a wider than expected loss for the first quarter as sales nearly stalled and restructuring costs continued to mount.
Alcatel Lucent SA (ADR) (NYSE:ALU) went up 1.36% to $1.49 on a traded volume of 1.55 million shares. The Company reported first quarter revenue was �3.23 billion.
Alcatel Lucent SA (ADR)(NYSE:ALU)went down 2.24% and closed at $1.31.The median Wall Street price target on the stock is $1.57 and the high target is set at $2.50 with majority of analysts have a hold rating on the company's stock.
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Comparing the upcoming quarter to the year-over-year quarter, the consensus analyst estimate suggests that Alcatel Lucent SA (ADR) (NYSE:ALU) (EPA:ALU) (BIT:ALU)'s revenues will fall -4.3 percent and EPS will shrink to a loss. The average estimate for ...
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