Short Take: Lucent says earnings will be in line with estimates
Executives from Lucent Technologies, shrugging off the regional uncertainties that caused competitor Alcatel to warn of lower-than-expected profits, said the company's earnings remain on track. "We are not uncomfortable with the range of estimates," said Lucent executive VP and COO Dan Stanzione. Lucent is expected to report earnings of 38 cents per share for its fiscal fourth quarter, according to analyst estimates by First Call.
Mike Ricciuti Staff writer, CNET News
Mike Ricciuti joined CNET in 1996. He is now CNET News' Boston-based executive editor and east coast bureau chief, serving as department editor for business technology and software covered by CNET News, Reviews, and Download.com. E-mail Mike.
Executives from ,
shrugging off the regional uncertainties that caused competitor Alcatel to warn of lower-than-expected
profits, said the company's earnings remain on track. "We are not
uncomfortable
with the range of estimates," said Lucent executive VP and COO Dan
Stanzione. Lucent is expected to report earnings of 38 cents per share for
its fiscal fourth quarter, according to analyst estimates by First Call.