Verisign Inc expected to post earnings of $1.75 a share - Earnings Preview

VeriSign,

26/07/2023 03:01

* Verisign Inc  VRSN.OQ   VRSN.O  is expected to show a rise
in
quarterly revenue when it reports  results on July 27. 
    * The Reston Virginia-based  company is expected to report 
a
6.0% increase in revenue to $373.1 million from $351.9 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 $1.75 per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 3
"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
$242.5​, above​ its last closing price of $211.05. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Mar. 31 2023  1.67        1.68       1.70      Beat    1.5
 Dec. 31 2023  1.61        1.61       1.70      Beat    5.4
 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.        1.51        1.45       1.43      Missed  -1.4
 31 2022                                                
 Dec. 31 2021  1.44        1.41       1.48      Beat    5​
 Sep. 30 2021  1.37        1.37       1.40      Beat    2.6
 Jun. 30 2021  1.33        1.33       1.31      Missed  -1.5
 This summary was machine generated July 26 at 02:01 GMT.  All
figures in US dollars  unless otherwise stated