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

Gen Digital

11/05/2023 22:01

* Gen Digital Inc  GEN.OQ  reported quarterly adjusted
earnings of
46 cents​​ per share for the quarter ended in March. The mean
expectation of three analysts for the quarter was for earnings
of 44 cents per share.
    * Revenue rose 32.4% to $948.00 million from a year ago;
analysts
expected $940.05 million. 
    * Gen Digital Inc's reported EPS for the quarter was $1.42​.
    * 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. 
    * Gen Digital Inc shares had risen by 0.5% this quarter and
lost 19.6% so far this year.
    * The company reported quarterly net income of $915 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 2 "strong buy" or "buy," 4
"hold" and no "sell" or "strong sell." 

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