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

Gen Digital

03/08/2023 22:02

* Gen Digital Inc  GEN.OQ  reported quarterly adjusted
earnings of
47 cents​​ per share for the quarter ended in June. The mean
expectation of four analysts for the quarter was for earnings of
46 cents per share.
    * Revenue rose 33.6% to $946.00 million from a year ago;
analysts
expected $945.37 million. 
    * The mean earnings estimate of analysts had risen by
about 0.7%
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 1.1% this quarter and
lost 12.5% so far this year.
    * Wall Street's median 12-month price target for Gen Digital
Inc
is $22.50 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 4 "strong buy" or "buy," 3
"hold" and 1 "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data
August 3 at 09:01 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      0.46           0.47           Beat
 Mar. 31 2023      0.44           0.46           Beat
 Dec. 31 2022      0.43           0.45           Beat
 Sep. 30 2022      0.45           0.45           Met