SecureWorks Corp expected to post a loss of 27 cents a share - Earnings Preview

Secureworks

21/03/2023 13:20

* SecureWorks Corp  SCWX.OQ   SCWX.O  is expected to show a
fall
in quarterly revenue when it reports  results on March 23. 
    * The Atlanta Georgia-based  company is expected to report 
a
14.3% decrease in revenue to $109.623 million from $127.88
million a year ago, according to the mean estimate from 3
analysts, based on Refinitiv data. The company's guidance on
December 1 2022, for the period ended January 31, was for
revenue between $108.00 million and $112.00 million.
    * ​Refinitiv's mean analyst estimate for SecureWorks Corp is
for a
loss of 27 cents per share. The company's EPS guidance on
December 1 2022, for the period ended January 31, was between
$-0.28 and $-0.24 
    * 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 $9​, above​ its last closing price of $7.82. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 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​
 Jan. 31 2022  -0.08       -0.08      0.03      Beat    136.9
 ​​Oct.        -0.06       -0.06      0.01      Beat    115.8
 31 2021                                                
 Jul. 31 2021  -0.01       -0.01      0.01      Beat    170​
 Apr. 30 2021  -0.03       -0.03      0.05      Beat    244.9
 Jan. 31 2021  0.01        0.01       0.00      Missed  -60
 This summary was machine generated March 21 at 13:20 GMT.  All
figures in US dollars  unless otherwise stated