Seagate Tech Holdings Sees Q4 2024 Adj. EPS $0.70 ± $0.20 Vs $0.57 Est.; Revenue $1.85B ± $150M Vs $1.836B Est.
Portfolio Pulse from Benzinga Newsdesk
Seagate Tech Holdings projects its Q4 2024 adjusted EPS to be $0.70 ± $0.20, surpassing the estimated $0.57. Revenue is expected to be $1.85B ± $150M, slightly above the $1.836B estimate.
April 23, 2024 | 8:07 pm
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Seagate Tech Holdings anticipates higher Q4 2024 earnings and revenue than analysts estimated, suggesting a positive outlook.
Seagate Tech Holdings' projection of higher adjusted EPS and revenue than analysts' estimates for Q4 2024 indicates a strong financial performance and operational efficiency. This positive outlook is likely to instill investor confidence, potentially leading to an increase in stock price in the short term.
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