Analysts expect sales of $2.3B for Lucent Q4

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

FREE DAILY NEWSLETTER

Like this story? Subscribe to FierceWireless!

The Wireless industry is an ever-changing world where big ideas come along daily. Our subscribers rely on FierceWireless as their must-read source for the latest news, analysis and data on this increasingly competitive marketplace. Sign up today to get wireless news and updates delivered to your inbox and read on the go.