NortonLifeLock Inc expected to post earnings of 45cents a share - Earnings Preview

Gen Digital

04/11/2022 23:34

* NortonLifeLock Inc  NLOK.OQ   NLOK.O  is expected to show
a rise
in quarterly revenue when it reports  results on November 8. 
    * The Tempe Arizona-based  company is expected to report  a
4.2% increase in revenue to $723.85 million from $695 million a
year ago, according to the mean estimate from 2 analysts, based
on Refinitiv data. The company's guidance on August 4 2022, for
the period ended September 30, was for revenue between $695.00
million and $705.00 million.
    * ​Refinitiv's mean analyst estimate for NortonLifeLock Inc
is for
earnings of 45 cents per share. The company's EPS guidance on
August 4 2022, for the period ended September 30, was between
USD0.44 and USD0.46 
    * 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."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for
NortonLifeLock
Inc is $26​, above​ its last closing price of $22.16. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Jun. 30 2022  0.43        0.43       0.45      Beat    5.5
 Mar. 31 2022  0.45        0.45       0.46      Beat    2.8
 Dec. 31 2021  0.44        0.43       0.44      Beat    1.7​
 Sep. 30 2021  0.42        0.42       0.43      Beat    2
 ​​Jun.        0.41        0.41       0.42      Beat    2.1
 30 2021                                                
 Mar. 31 2021  0.38        0.38       0.40      Beat    5.3​
 Dec. 31 2020  0.37        0.37       0.38      Beat    2.2
 Sep. 30 2020  0.33        0.33       0.36      Beat    10.2
 This summary was machine generated November 4 at 23:34 GMT.  All
figures in US dollars  unless otherwise stated