VeriSign, Inc expected to post earnings of $1.86 a share - Earnings Preview

VeriSign,

24/04/2024 01:15

* VeriSign, Inc  VRSN.OQ   VRSN.O  is expected to show a
rise in
quarterly revenue when it reports  results on April 25 for the
period ending March 31 2024
    * The Reston Virginia-based  company is expected to report a
4.8% increase in revenue to $381.852 million from $364.4 million
a year ago, according to the mean estimate from 2 analysts,
based on LSEG data. (SAL Majority is Total Revenue basis.)
    * ​LSEG's mean analyst estimate for VeriSign, Inc is for
earnings
of $1.86 per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 1
"hold" and 1 "sell" or "strong sell."  
    * The mean earnings estimate of analysts had fallen by
about 0.2%
in the last three months. ​
    * Wall Street's median 12-month price target for VeriSign,
Inc is
$225.50​, above​ its last closing price of $185.12. ​​​

This summary was machine generated April 24 at 00:15 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)