$0.18 EPS Expected for Oclaro, Inc. (OCLR), Ominto (OMNT) Shorts Up By 18.54%

June 30, 2017 - By test

Analysts expect Oclaro, Inc. (NASDAQ:OCLR) to report $0.18 EPS on August, 1.They anticipate $0.09 EPS change or 100.00% from last quarter’s $0.09 EPS. OCLR’s profit would be $29.27M giving it 13.07 P/E if the $0.18 EPS is correct. After having $0.22 EPS previously, Oclaro, Inc.’s analysts see -18.18% EPS growth. About 252,611 shares traded. Oclaro, Inc. (NASDAQ:OCLR) has risen 92.74% since June 30, 2016 and is uptrending. It has outperformed by 76.04% the S&P500.

Ominto Incorporated (NASDAQ:OMNT) had an increase of 18.54% in short interest. OMNT’s SI was 118,300 shares in June as released by FINRA. Its up 18.54% from 99,800 shares previously. With 37,500 avg volume, 3 days are for Ominto Incorporated (NASDAQ:OMNT)’s short sellers to cover OMNT’s short positions. The SI to Ominto Incorporated’s float is 1.17%. About 4,240 shares traded. Ominto Inc (NASDAQ:OMNT) has risen 254.18% since June 30, 2016 and is uptrending. It has outperformed by 237.48% the S&P500.

Ominto, Inc. is engaged in online cash back shopping. The company has market cap of $231.77 million. The Firm operates through two divisions: e-commerce Cash Back and network marketing, and Film production and Animation. It currently has negative earnings. As of May 16, 2017, its shopping platform served clients in more than 100 countries.

Oclaro, Inc. is a provider of optical components, modules and subsystems for the core optical transport, service provider, enterprise and data center markets. The company has market cap of $1.53 billion. The Firm provides various solutions for optical networks and interconnects driving the next wave of streaming video, cloud computing, application virtualization and other bandwidth-intensive and high-speed applications. It has a 17.9 P/E ratio. The Company’s product offerings include client side transceivers, line side transceivers, tunable laser transmitters, lithium niobate modulators, transponder modules, and discrete lasers and receivers.

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