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Gen Digital (GEN) Scheduled to Post Quarterly Earnings on Wednesday

Gen Digital logo with Business Services background

Gen Digital (NASDAQ:GEN - Get Free Report) will be announcing its earnings results after the market closes on Wednesday, October 30th. Analysts expect the company to announce earnings of $0.50 per share for the quarter. Persons that wish to register for the company's earnings conference call can do so using this link.

Gen Digital (NASDAQ:GEN - Get Free Report) last posted its earnings results on Thursday, August 1st. The company reported $0.49 earnings per share for the quarter, hitting analysts' consensus estimates of $0.49. The firm had revenue of $965.00 million for the quarter, compared to the consensus estimate of $960.41 million. Gen Digital had a return on equity of 52.29% and a net margin of 15.87%. On average, analysts expect Gen Digital to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Gen Digital Stock Down 1.1 %

Shares of GEN traded down $0.31 on Wednesday, reaching $26.80. The stock had a trading volume of 2,057,276 shares, compared to its average volume of 4,160,879. The company has a debt-to-equity ratio of 3.65, a quick ratio of 0.30 and a current ratio of 0.30. Gen Digital has a 12-month low of $16.38 and a 12-month high of $28.45. The firm has a market capitalization of $16.78 billion, a price-to-earnings ratio of 28.21, a price-to-earnings-growth ratio of 1.27 and a beta of 0.81. The company has a 50-day simple moving average of $26.64 and a 200-day simple moving average of $24.75.

Gen Digital Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, September 11th. Shareholders of record on Monday, August 19th were given a dividend of $0.125 per share. This represents a $0.50 annualized dividend and a yield of 1.87%. The ex-dividend date of this dividend was Monday, August 19th. Gen Digital's dividend payout ratio is currently 52.63%.

Gen Digital Company Profile

(Get Free Report)

Gen Digital Inc engages in the provision of cyber safety solutions for consumers in the United States, Canada, Latin America, Europe, the Middle East, Africa, the Asia Pacific, and Japan. The company offers security and performance products under Norton, Avast, Avira, AVG, and CCleaner brands that provide real-time protection and maintenance for PCs, Macs, and mobile devices against malware, viruses, adware, and other online threats.

See Also

Earnings History for Gen Digital (NASDAQ:GEN)

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