SecureWorks Corp expected to post a loss of 4 cents a share - Earnings Preview

Secureworks

12/03/2024 12:47

* SecureWorks Corp  SCWX.OQ   SCWX.O  is expected to show a
fall
in quarterly revenue when it reports  results on March 14 for
the period ending January 31 2024
    * The Atlanta Georgia-based  company is expected to report a
24.4% decrease in revenue to $87.183 million from $115.34
million a year ago, according to the mean estimate from 3
analysts, based on LSEG data.The company's guidance on December
7 2023, for the period ended January 31, was for revenue between
$86.00 million and $88.00 million.
    * ​LSEG's mean analyst estimate for SecureWorks Corp is for
a loss
of 4 cents per share. The company's EPS guidance on December 7
2023, for the period ended January 31, was between $-0.05 and
$-0.03 
    * 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​, below​ its last closing price of $6.49. ​​​

The company's guidance on September 7 2023 for the period ended
January 31 was for Earnings before Interest, Taxes, Depreciation
and Amortization of of USD0.
Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Oct. 31 2023  -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. 31 2023  -0.27       -0.27      -0.17     Beat    36.9
 ​​Oct.        -0.21       -0.21      -0.16     Beat    22.1
 31 2022                                                
 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
 This summary was machine generated March 12 at 12:47 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)