Gen Digital Q3 2024 Adj EPS $0.49 Misses $0.50 Estimate, Sales $951.00M Miss $956.20M Estimate
Portfolio Pulse from Benzinga Newsdesk
Gen Digital reported Q3 2024 adjusted EPS of $0.49, missing the $0.50 estimate, and sales of $951M, below the $956.2M estimate. This represents a 1.6% increase in sales compared to the same period last year.
February 01, 2024 | 9:09 pm
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Gen Digital reported a slight miss in both EPS and sales for Q3 2024, with EPS at $0.49 against a $0.50 estimate and sales at $951M against a $956.2M estimate.
Missing both EPS and sales estimates, even slightly, can lead to negative investor sentiment in the short term. Given the close miss, the impact might be moderate but still negative as expectations were not met.
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RELEVANCE 100