Seagate Tech Hldgs STX is set to give its latest quarterly earnings report on Tuesday, 2024-10-22. Here's what investors need to know before the announcement.
Analysts estimate that Seagate Tech Hldgs will report an earnings per share (EPS) of $1.44.
The market awaits Seagate Tech Hldgs's announcement, with hopes high for news of surpassing estimates and providing upbeat guidance for the next quarter.
It's important for new investors to understand that guidance can be a significant driver of stock prices.
Performance in Previous Earnings
The company's EPS beat by $0.32 in the last quarter, leading to a 4.02% increase in the share price on the following day.
Here's a look at Seagate Tech Hldgs's past performance and the resulting price change:
| Quarter | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 |
|---|---|---|---|---|
| EPS Estimate | 0.73 | 0.29 | -0.06 | -0.19 |
| EPS Actual | 1.05 | 0.33 | 0.12 | -0.22 |
| Price Change % | 4.0% | 1.0% | 2.0% | 4.0% |
Seagate Tech Hldgs Share Price Analysis
Shares of Seagate Tech Hldgs were trading at $112.12 as of October 18. Over the last 52-week period, shares are up 63.88%. Given that these returns are generally positive, long-term shareholders should be satisfied going into this earnings release.
To track all earnings releases for Seagate Tech Hldgs visit their earnings calendar on our site.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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