SecureWorks Corp expected to post breakeven results a share - Earnings Preview

Secureworks

02/12/2024 13:32

* SecureWorks Corp  SCWX.OQ   SCWX.O  is expected to show a
fall
in quarterly revenue when it reports  results on December 4 for
the period ending October 31 2024
    * The Atlanta Georgia-based  company is expected to report a
8.9% decrease in revenue to $81.39 million from $89.36 million a
year ago, according to the estimate from one analyst, based on
LSEG data.The company's guidance on September 5 2024, for the
period ended October 31, was for revenue between $80.00 million
and $82.00 million.
    * ​LSEG's mean analyst estimate for SecureWorks Corp is for
breakeven results per share. The company's EPS guidance on
September 5 2024, for the period ended October 31, 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 no "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 $7.17​, below​ its last closing price of $8.44. ​​​

The company's guidance on September 5 2024 for the period ended
October 31 was for Earnings before Interest, Taxes, Depreciation
and Amortization of between 80 million and 2 million (USD).
This summary was machine generated December 2 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)