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

VeriSign,

06/02/2024 23:39

* Verisign Inc  VRSN.OQ   VRSN.O  is expected to show a rise
in
quarterly revenue when it reports  results on February 8 for the
period ending December 31 2023
    * The Reston Virginia-based  company is expected to report a
2.3% increase in revenue to $377.87 million from $369.2 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 "buy"
and
the breakdown of recommendations is 1 "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
$226.50​, above​ its last closing price of $198.71. ​​​

This summary was machine generated February 6 at 23:39 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)