Gen Digital Sees Q1 EPS $0.52-$0.54 Vs $0.53 Est.; Revenue $960M-$970M Vs $965.56M Est.
Portfolio Pulse from Benzinga Newsdesk
Gen Digital forecasts Q1 EPS of $0.52-$0.54, aligning with a $0.53 estimate, and anticipates revenues between $960M-$970M, closely matching the $965.56M estimate for the first quarter of Fiscal Year 2025.

May 09, 2024 | 8:18 pm
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Gen Digital expects Q1 EPS of $0.52-$0.54 and revenue of $960M-$970M for FY25, closely aligning with analyst estimates.
Gen Digital's earnings and revenue guidance for Q1 FY25 is closely aligned with analyst estimates, indicating a stable financial outlook. This alignment suggests there may not be significant short-term price movement as the market has likely already priced in these expectations. However, the close match to estimates underscores the company's consistent performance, which could maintain investor confidence.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100