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
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
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.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100