Seagate Tech Holdings Sees Q2 2024 Adj. EPS $1.85 ± $0.20 Vs $1.48 Est.; Revenue $2.30B ± $150M Vs $2.134B Est.
Portfolio Pulse from Benzinga Newsdesk
Seagate Technology Holdings has announced its Q2 2024 adjusted EPS guidance of $1.85 ± $0.20, surpassing the estimated $1.48. The company also projects revenue of $2.30 billion ± $150 million, exceeding the estimated $2.134 billion.
October 22, 2024 | 8:07 pm
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POSITIVE IMPACT
Seagate Technology Holdings has provided a positive earnings and revenue guidance for Q2 2024, with EPS and revenue projections exceeding market estimates.
Seagate's guidance for Q2 2024 shows both EPS and revenue projections above market expectations, indicating strong performance and potential positive impact on stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100