SecureWorks Corp reports results for the quarter ended in July 31 - Earnings Summary

Secureworks

05/09/2024 14:32

* SecureWorks Corp  SCWX.OQ  reported quarterly breakeven
results​​ per share for the quarter ended July 31, higher than
the same quarter last year, when the company reported EPS of -10
cents.  The mean expectation of three analysts for the quarter
was for earnings of one cent per share. Wall Street expected
results to range from 1 cents to
    * Revenue fell 11.6% to $82.18 million from a year ago;
analysts
expected $80.77 million. 
    * SecureWorks Corp's reported EPS for the quarter was a loss
of 17
cents​.
    * The company reported a quarterly loss of $14.73 million.
    * SecureWorks Corp shares had risen by 5.1% this quarter and
lost 0.3% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts was unchanged in
the last
three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

RECOMMENDATIONS
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is no "strong buy" or "buy," 3
"hold" and 2 "sell" or "strong sell." 
    * The average consensus recommendation for the it services &
consulting peer group is also "hold"

Wall Street's median 12-month price target for SecureWorks Corp
is $7.13 
This summary was machine generated from LSEG data September 5 at
01:31 p.m. UTC. ​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) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jul. 31 2024      0.01           0.00           Missed
 Apr. 30 2024      -0.01          0.05           Beat
 Jan. 31 2024      -0.04          0.08           Beat
 Oct. 31 2023      -0.07          0.00           Beat