Seagate Tech Hldgs (NASDAQ:STX) reported its Q3 earnings results on Thursday, April 20, 2023 at 08:00 AM.
Here’s what investors need to know about the announcement.
Earnings
Seagate Tech Hldgs missed estimated earnings by 233.33%, reporting an EPS of $-0.28 versus an estimate of $0.21.
Revenue was down $942.00 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.06 which was followed by a 10.86% increase in the share price the next day.
Here’s a look at Seagate Tech Hldgs’s past performance:
| Quarter | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|
| EPS Estimate | 0.10 | 0.76 | 1.92 | 1.89 |
| EPS Actual | 0.16 | 0.48 | 1.59 | 1.81 |
| Revenue Estimate | 1.83B | 2.10B | 2.78B | 2.81B |
| Revenue Actual | 1.89B | 2.04B | 2.63B | 2.80B |
To track all earnings releases for Seagate Tech Hldgs visit their earnings calendar here.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.
