SecureWorks Corp expected to post a loss of 15 cents a share - Earnings Preview

Secureworks

06/06/2023 13:38

* SecureWorks Corp  SCWX.OQ   SCWX.O  is expected to show a
fall
in quarterly revenue when it reports  results on June 8. 
    * The Atlanta Georgia-based  company is expected to report 
a
19.5% decrease in revenue to $97.449 million from $121.02
million a year ago, according to the mean estimate from 3
analysts, based on Refinitiv data. The company's guidance on
March 23 2023, for the period ended April 30, was for revenue
between $96.00 million and $98.00 million.
    * ​Refinitiv's mean analyst estimate for SecureWorks Corp is
for a
loss of 15 cents per share. The company's EPS guidance on March
23 2023, for the period ended April 30, was between $-0.16 and
$-0.14 
    * 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 $8​, below​ its last closing price of $8.18. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Jan. 31 2023  -0.27       -0.27      -0.17     Beat    36.9
 Oct. 31 2023  -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
 ​​Jan.        -0.08       -0.08      0.03      Beat    136.9
 31 2022                                                
 Oct. 31 2021  -0.06       -0.06      0.01      Beat    115.8​
 Jul. 31 2021  -0.01       -0.01      0.01      Beat    170
 Apr. 30 2021  -0.03       -0.03      0.05      Beat    244.9
 This summary was machine generated June 6 at 12:38 GMT.  All
figures in US dollars  unless otherwise stated