Picture of Gen Digital logo

GEN — Gen Digital News Story

0.000.00%
us flag iconLast trade - 00:00
TechnologyBalancedLarge CapSuper Stock

Gen Digital beats Q4 revenue estimates on cyber safety demand, lifts FY27 outlook

Overview

US cybersecurity and financial wellness firm's fiscal Q4 revenue rose 27%, beating analyst expectations

Adjusted EPS for fiscal Q4 was $0.67, beating analyst expectations

Company raised FY27 guidance for revenue and EPS

Outlook

Gen Digital raises FY27 revenue guidance to $5.33 bln-$5.43 bln

Company expects FY27 non-GAAP EPS of $2.85-$2.95

Gen Digital sees Q1 FY27 revenue of $1.3 bln-$1.33 bln and EPS of $0.68-$0.70

Result Drivers

CYBER SAFETY DEMAND - Co said Q4 results were driven by healthy demand for its Cyber Safety Platform

TRUST-BASED SOLUTIONS GROWTH - Double-digit revenue growth in Trust-Based Solutions contributed to quarterly performance

EXECUTION AND CASH FLOW - Management cited strong execution and extraordinary free cash flow generation as supporting growth momentum

Company press release: ID:nPn4GS7LJa

Key Details

MetricBeat/MissActualConsensus Estimate
Q4 RevenueBeat$1.28 bln$1.25 bln (7 Analysts)
Q4 Adjusted EPSBeat$0.67$0.65 (7 Analysts)
Q4 EPS$0.84
Q4 Operating Cash Flow$452 mln
Q4 Operating Income$803 mln
Analyst Coverage The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 6 "strong buy" or "buy", 6 "hold" and no "sell" or "strong sell" The average consensus recommendation for the software peer group is "buy" Wall Street's median 12-month price target for Gen Digital Inc is $25.97, about 32.7% above its May 6 closing price of $19.56 The stock recently traded at 7 times the next 12-month earnings vs. a P/E of 9 three months ago For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com. (This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)

Recent news on Gen Digital

See all news