Gen Digital Inc reports results for the quarter ended December 31 - Earnings Summary

Gen Digital

30/01/2025 22:02

* Gen Digital Inc  GEN.OQ  reported quarterly adjusted
earnings of
56 cents​​ per share for the quarter ended December 31, higher
than the same quarter last year, when the company reported EPS
of 49 cents.  The mean expectation of eight analysts for the
quarter was for earnings of 55 cents per share. Wall Street
expected results to range from 54 cents to 56 cents per share.
    * Revenue rose 3.7% to $986.00 million from a year ago;
analysts
expected $985.08 million. 
    * Gen Digital Inc's reported EPS for the quarter was 26
cents​.
    * The company reported quarterly net income of $159 million.
    * Gen Digital Inc shares had risen by 0.9% this quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts was unchanged in
the last
three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 6 "strong buy" or "buy," 5
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the software peer
group
is also "buy"

Wall Street's median 12-month price target for Gen Digital Inc
is $31.50 
This summary was machine generated from LSEG data January 30 at
10:01 p.m. UTC. ​All figures in US dollars unless otherwise
stated. (For questions concerning the data in this report,
contact Estimates.Support@lseg.com. For any other questions or
feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2024      0.55           0.56           Beat
 Sep. 30 2024      0.54           0.54           Met
 Jun. 30 2024      0.53           0.53           Met
 Mar. 31 2024      0.52           0.53           Beat