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

Secureworks

04/12/2024 14:32

* SecureWorks Corp  SCWX.OQ  reported quarterly breakeven
results​​ per share for the quarter ended October 31, identical
to the same quarter last year.  The mean expectation of
two analysts for the quarter was for breakeven results per
share. Wall Street expected results to range from -1 cents
tozero cents per share.
    * Revenue fell 7.4% to $82.73 million from a year ago;
analysts
expected $81.39 million. 
    * SecureWorks Corp's reported EPS for the quarter was a loss
of 31
cents​.
    * The company reported a quarterly loss of $25.5 million.
    * SecureWorks Corp shares had fallen by 4.4% this
quarter and
gained 14.6% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 169.3% 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," 2
"hold" and no "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 $7.17 
This summary was machine generated from LSEG data December 4 at
02:31 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
 Oct. 31 2024      0.00           0.00           Met
 Jul. 31 2024      0.01           0.00           Missed
 Apr. 30 2024      -0.01          0.05           Beat
 Jan. 31 2024      -0.04          0.08           Beat