Gen Digital Inc expected to post earnings of 47  cents a share - Earnings Preview

Gen Digital

03/11/2023 15:15

* Gen Digital Inc  GEN.OQ   GEN.O  is expected to show a
rise in
quarterly revenue when it reports  results 
    * The Tempe Arizona-based  company is expected to report  a
26.4% increase in revenue to $945.1 million from $748 million a
year ago, according to the mean estimate from 3 analysts, based
on LSEG data. The company's guidance on August 3 2023, for the
period ended September 30, was for revenue between $940.00
million and $950.00 million.
    * ​Refinitiv's mean analyst estimate for Gen Digital Inc is
for
earnings of 47 cents per share. The company's EPS guidance on
August 3 2023, for the period ended September 30, was between
$0.46 and $0.48 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 4 "strong buy" or "buy," 2
"hold" and 1 "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Gen Digital
Inc
is $23​, above​ its last closing price of $17.17. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Jun. 30 2023  0.46        0.46       0.47      Beat    2.2
 Mar. 31 2023  0.43        0.44       0.46      Beat    5.3
 Dec. 31 2022  0.43        0.43       0.45      Beat    5.5​
 Sep. 30 2022  0.44        0.45       0.45      Met     1.1
 ​​Jun.        0.43        0.43       0.45      Beat    5.5
 30 2022                                                
 Mar. 31 2022  0.45        0.45       0.46      Beat    2.8​
 Dec. 31 2021  0.44        0.43       0.44      Beat    1.7
 Sep. 30 2021  0.42        0.42       0.43      Beat    2
 This summary was machine generated November 3 at 15:15 GMT.  All
figures in US dollars  unless otherwise stated