Gen Digital Q2 Adj EPS $0.47, Inline, Sales $948.00M Beat $945.10M Estimate
Portfolio Pulse from Benzinga Newsdesk
Gen Digital reported Q2 adjusted earnings of $0.47 per share, in line with analyst consensus. This is a 4.44% increase from the same period last year. The company's quarterly sales of $948.00 million beat the analyst consensus estimate of $945.10 million by 0.31%, a 26.74% increase from last year.
November 07, 2023 | 1:04 pm
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POSITIVE IMPACT
Gen Digital's Q2 earnings met analyst expectations and sales beat estimates, indicating a positive financial performance.
Gen Digital's Q2 earnings met analyst expectations and their sales exceeded estimates, which is a positive signal for the company's financial performance. This could lead to increased investor confidence and potentially a short-term increase in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100