Gen Digital Inc. reports results for the quarter ended June 30 - Earnings Summary
Gen Digital Inc. reports results for the quarter ended June 30 - Earnings Summary
Gen Digital Inc. GEN.OQ reported quarterly adjusted earnings of 71 cents per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of 64 cents. The mean expectation of eight analysts for the quarter was for earnings of 69 cents per share. Wall Street expected results to range from 68 cents to 71 cents per share.
Revenue rose 6.3% to $1.34 billion from a year ago; analysts expected $1.31 billion.
Gen Digital Inc.'s reported EPS for the quarter was 36 cents.
The company reported quarterly net income of $215 million.
Gen Digital Inc. shares had risen by 12.9% this quarter and gained 3.3% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had risen by about 0.4% in the last three months.
In the last 30 days, there have been no negative revisions of earnings estimates
RECOMMENDATIONS
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 7 "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 $31.00, about 9.4% above its last closing price of $28.10
This summary was machine generated from LSEG data August 7 at 01:42 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 |
Jun. 30 2026 | 0.69 | 0.71 | Beat |
Mar. 31 2026 | 0.65 | 0.67 | Beat |
Dec. 31 2025 | 0.63 | 0.64 | Beat |
Sep. 30 2025 | 0.61 | 0.62 | Beat |
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Gen Digital Inc. reports results for the quarter ended June 30 - Earnings Summary