Verisign Inc reports results for the quarter ended in December - Earnings Summary

VeriSign,

10/02/2023 01:03

* Verisign Inc  VRSN.OQ  reported quarterly adjusted
earnings of
$1.70​​ per share for the quarter ended in December. The mean
expectation of three analysts for the quarter was for earnings
of $1.61 per share.
    * Revenue rose 8.5% to $369.20 million from a year ago;
analysts
expected $366.10 million. 
    * Verisign Inc's reported EPS for the quarter was $1.70​.
    * The mean earnings estimate of analysts had fallen by
about 1% in
the last three months.​ 
    * In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
    * Verisign Inc shares had risen by 3.4% this quarter.
    * Wall Street's median 12-month price target for Verisign
Inc is
$243.00 
    * 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." 

This summary was machine generated from Refinitiv data February
10 at 01:03 a.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2022      1.61           1.70           Beat
 Sep. 30 2022      1.54           1.58           Beat
 Jun. 30 2022      1.52           1.54           Beat
 Mar. 31 2022      1.45           1.43           Missed