SecureWorks Corp expected to post a loss of 7 cents a share - Earnings Preview

Secureworks

05/12/2023 13:32

* SecureWorks Corp  SCWX.OQ   SCWX.O  is expected to show a
fall
in quarterly revenue when it reports  results  for the period
ending July 31 2023
    * The Atlanta Georgia-based  company is expected to report a
19.8% decrease in revenue to $88.979 million from $110.94
million a year ago, according to the mean estimate from 3
analysts, based on LSEG data.The company's guidance on September
7 2023, for the period ended October 31, was for revenue between
$88.00 million and $90.00 million.
    * ​LSEG's mean analyst estimate for SecureWorks Corp is for
a loss
of 7 cents per share. The company's EPS guidance on September 7
2023, for the period ended October 31, was between $-0.07 and
$-0.05 
    * 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 $7.00​, above​ its last closing price of $5.90. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 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. 31 2022  -0.21       -0.21      -0.16     Beat    22.1
 ​​Jul.        -0.17       -0.16      -0.13     Beat    20.7
 31 2022                                                
 Apr. 30 2022  -0.15       -0.15      -0.09     Beat    39​
 Jan. 31 2022  -0.08       -0.08      0.03      Beat    136.9
 Oct. 31 2021  -0.06       -0.06      0.01      Beat    115.8
 This summary was machine generated December 5 at 13:32 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)