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VRSN VeriSign, News Story

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VeriSign, Inc reports results for the quarter ended June 30 - Earnings Summary

VeriSign, Inc VRSN.OQ reported quarterly adjusted earnings of $2.21​​ per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of $2.01.  The mean expectation of two analysts for the quarter was for earnings of $2.20 per share. Wall Street expected results to range from $2.18  to $2.21 per share.

Revenue rose 5.9% to $409.90 million from a year ago; analysts expected $410.99 million.

VeriSign, Inc's reported EPS for the quarter was $2.21​.

VeriSign, Inc shares had risen by 0.2% this quarter and gained 39.8% so far this year.

FORECAST CHANGES

The mean earnings estimate of analysts had risen by about 0.7% in the last three months.​

In the last 30 days, one analyst negatively revised an earnings estimate

RECOMMENDATIONS

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 2 "strong buy" or "buy," 1 "hold" and 1 "sell" or "strong sell." The average consensus recommendation for the it services & consulting peer group is also "buy"

Wall Street's median 12-month price target for VeriSign, Inc is $305.00, about 5.1% above its last closing price of $289.36

This summary was machine generated from LSEG data July 24 at 09:06 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 ENDINGESTIMATEACTUALBEAT, MET, MISSED
Jun. 30 20252.202.21Beat
Mar. 31 20252.112.10Missed
Dec. 31 20242.002.00Met
Sep. 30 20242.012.07Beat

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