Lucent posts its fiscal fourth quarter results tomorrow and analysts on average expect earnings of 4 cents per share on sales of $2.3 billion, according to a recent Thompson poll. While the fourth quarter is typically strong, Alcatel is currently acquiring Lucent in an $11 billion, all-stock deal announced in April. The combined company is expected to save $1.7 billion in the next three years, which will come from cutting 10 percent of their 88,000 jobs. Here's Lucent's results from last quarter.
For more on Lucent's Q4:
- see this AP article