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

Gen Digital

02/02/2023 22:02

* Gen Digital Inc  GEN.OQ  reported quarterly adjusted
earnings of
45 cents​​ per share for the quarter ended in December. The mean
expectation of four analysts for the quarter was for earnings of
43 cents per share.
    * Revenue rose 33% to $936.00 million from a year ago;
analysts
expected $932.85 million. 
    * Gen Digital Inc's reported EPS for the quarter was 25
cents​.
    * The mean earnings estimate of analysts had fallen by
about 4.5%
in the last three months.​ 
    * In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
    * Gen Digital Inc shares had risen by 9.0% this quarter.
    * The company reported quarterly net income of $165 million.
    * Wall Street's median 12-month price target for Gen Digital
Inc
is $25.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 3 "strong buy" or "buy," 4
"hold" and no "sell" or "strong sell." 

This summary was machine generated from Refinitiv data February
2 at 10:01 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2022      0.43           0.45           Beat
 Sep. 30 2022      0.45           0.45           Met
 Jun. 30 2022      0.43           0.45           Beat
 Mar. 31 2022      0.45           0.46           Beat