Verisign Inc expected to post earnings of $1.61 a share - Earnings Preview

VeriSign,

08/02/2023 02:35

* Verisign Inc  VRSN.OQ   VRSN.O  is expected to show a rise
in
quarterly revenue when it reports  results on February 9. 
    * The Reston Virginia-based  company is expected to report 
a
7.6% increase in revenue to $366.1 million from $340.31 million
a year ago, according to the estimate from one analyst, based on
Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Verisign Inc is for
earnings of $1.61 per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 2 "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 Verisign
Inc is
$243​, above​ its last closing price of $215.86. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Sep. 30 2022  1.54        1.54       1.58      Beat    2.6
 Jun. 30 2022  1.52        1.52       1.54      Beat    1.3
 Mar. 31 2022  1.51        1.45       1.43      Missed  -1.4​
 Dec. 31 2021  1.44        1.41       1.48      Beat    5
 ​​Sep.        1.37        1.37       1.40      Beat    2.6
 30 2021                                                
 Jun. 30 2021  1.33        1.33       1.31      Missed  -1.5​
 Mar. 31 2021  1.30        1.30       1.33      Beat    2.3
 Dec. 31 2020  1.36        1.29       1.38      Beat    7
 This summary was machine generated February 8 at 02:35 GMT.  All
figures in US dollars  unless otherwise stated