SecureWorks Corp expected to post a loss of 1 cent a share - Earnings Preview

Secureworks

04/06/2024 13:38

* SecureWorks Corp  SCWX.OQ   SCWX.O  is expected to show a
fall
in quarterly revenue when it reports  results on June 6 for the
period ending January 1 0001
    * The Atlanta Georgia-based  company is expected to report a
10.8% decrease in revenue to $84.198 million from $94.4 million
a year ago, according to the mean estimate from 3 analysts,
based on LSEG data.The company's guidance on March 14 2024, for
the period ended April 30, was for revenue between $83.00
million and $85.00 million.
    * ​LSEG's mean analyst estimate for SecureWorks Corp is for
a loss
of 1 cent per share. The company's EPS guidance on March 14
2024, for the period ended April 30, was between $-0.01 and
$0.01 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is no "strong buy" or "buy," 2
"hold" and 2 "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 SecureWorks
Corp
is $6.00​, above​ its last closing price of $5.85. ​​​

The company's guidance on March 14 2024 for the period ended
April 30 was for Earnings before Interest, Taxes, Depreciation
and Amortization of between 83 million and 2 million (USD).
Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Jan. 1 0001   -0.03       -0.04      0.08      Beat    327
 Oct. 31 0001  -0.06       -0.07      0.00      Beat    100
 Jul. 31 2023  -0.15       -0.15      -0.10     Beat    35.5​
 Apr. 30 2023  -0.15       -0.15      -0.20     Missed  -32.2
 ​​Jan.        -0.27       -0.27      -0.17     Beat    36.9
 31 2023                                                
 Oct. 31 2022  -0.21       -0.21      -0.16     Beat    22.1​
 Jul. 31 2022  -0.17       -0.16      -0.13     Beat    20.7
 Apr. 30 2022  -0.15       -0.15      -0.09     Beat    39
 This summary was machine generated June 4 at 12:38 GMT.  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)