Seagate Technology Holdings PLC reports results for the quarter ended June 30 - Earnings Summary
Seagate Technology Holdings PLC reports results for the quarter ended June 30 - Earnings Summary
Seagate Technology Holdings PLC STX.OQ reported quarterly adjusted earnings of $5.71 per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of $2.59. The mean expectation of twenty two analysts for the quarter was for earnings of $5.09 per share. Wall Street expected results to range from $4.99 to $5.44 per share.
Revenue rose 48.5% to $3.63 billion from a year ago; analysts expected $3.49 billion.
Seagate Technology Holdings PLC's reported EPS for the quarter was $5.58.
The company reported quarterly net income of $1.29 billion.
Seagate Technology Holdings PLC shares had fallen by 15.3% this quarter and gained 196.7% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had risen by about 1.7% 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 23 "strong buy" or "buy," 3 "hold" and no "sell" or "strong sell." The average consensus recommendation for the computer hardware peer group is also "buy"
Wall Street's median 12-month price target for Seagate Technology Holdings PLC is $1,000.00, about 25.3% above its last closing price of $747.30
This summary was machine generated from LSEG data July 29 at 12:28 a.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 | 5.09 | 5.71 | Beat |
Mar. 31 2026 | 3.51 | 4.10 | Beat |
Dec. 31 2025 | 2.81 | 3.11 | Beat |
Sep. 30 2025 | 2.37 | 2.61 | Beat |
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