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Seagate Technology (STX) Earnings Date, Estimates & Call Transcripts

$97.98
-2.83 (-2.81%)
(As of 09/6/2024 ET)

Earnings Summary

Upcoming
Earnings Date
Oct. 24Estimated
Actual EPS
(Jul. 23)
$1.05 Beat By $0.29
Consensus EPS
(Jul. 23)
$0.76
Skip Charts & View Estimated and Actual Earnings Data

STX Earnings Estimates and Actuals by Quarter

The chart below shows up to four years of a company's earnings history. The dark blue line represents the company's actual earnings per share. The light blue area represents the range of Wall Street analysts' earnings estimates for each quarter.

STX Estimated and Actual Revenue by Quarter

The chart below shows up to four years of a company's revenue history. The dark blue line represents the company's actual revenue. The light blue line represents the company's estimated revenue based on the consensus of Wall Street analysts for each quarter.

Seagate Technology Analyst EPS Estimates

QuarterNumber of EstimatesLow EstimateHigh EstimateAverage EstimateCompany Guidance
Q1 20243($0.34)$1.29$0.22 - $0.36 - - $0.36
Q2 20243($0.18)($0.03)($0.08) 
Q3 20243$0.03$0.25$0.170.050 - 0.450
Q4 20243$0.40$0.88$0.620.500 - 0.900
FY 202412($0.09)$2.39$0.93 
Q1 20253$0.23$1.31$0.921.200 - 1.600
Q2 20253$0.57$2.03$1.38 
Q3 20253$0.75$2.28$1.53 
Q4 20253$1.42$2.48$1.80 
FY 202512$2.97$8.10$5.63 
Q1 20263$1.12$2.53$1.82 
Q2 20263$1.50$2.80$2.23 
Q3 20263$1.81$3.16$2.46 
Q4 20262$2.50$3.69$3.10 
FY 202611$6.93$12.18 $9.61

STX Earnings Date and Information

Seagate Technology last released its quarterly earnings results on July 23rd, 2024. The data storage provider reported $1.05 EPS for the quarter, beating analysts' consensus estimates of $0.76 by $0.29. The company earned $1.89 billion during the quarter, compared to the consensus estimate of $1.87 billion. Its revenue was up 17.8% compared to the same quarter last year. Seagate Technology has generated ($1.29) earnings per share over the last year (($1.29) diluted earnings per share). Earnings for Seagate Technology are expected to grow by 48.07% in the coming year, from $6.72 to $9.95 per share. Seagate Technology has not formally confirmed its next earnings publication date, but the company's estimated earnings date is Thursday, October 24th, 2024 based off prior year's report dates.

Seagate Technology Earnings History by Quarter

DateQuarterConsensus EstimateReported EPSBeat/MissGAAP EPSRevenue EstimateActual RevenueLinks
10/24/2024
(Estimated)
------- 
7/23/2024Q4 2024$0.76$1.05+$0.29($0.65)$1.87 billion$1.89 billion        
4/23/2024Q3 2024$0.29$0.33+$0.04$0.22$1.68 billion$1.66 billion          
1/24/2024Q2 2024($0.21)($0.02)+$0.19$0.05$1.56 billion$1.56 billion    
10/26/2023Q1 2024($0.20)($0.22)($0.02)$0.20$1.51 billion$1.45 billion        
7/26/2023Q4 2023($0.2330)($0.18)+$0.0530($0.14)$1.68 billion$1.60 billion        
4/20/2023Q3 2023$0.21($0.28)($0.49)$1.23$1.98 billion$1.86 billion        
1/25/2023Q2 2023$0.1130$0.16+$0.0470$0.16$1.83 billion$1.89 billion          
10/26/2022Q1 2023$0.52$0.37($0.15)$0.60$2.11 billion$2.04 billion          
7/21/2022Q4 2022$1.74$1.41($0.33)$1.55$2.80 billion$2.63 billion        
4/27/2022Q3 2022$1.68$1.65($0.03)$1.74$2.81 billion$2.80 billion        
1/26/2022Q2 2022$2.21$2.28+$0.07$2.33$3.12 billion$3.12 billion        
10/21/2021Q3 2021$2.21$2.35+$0.14$2.26$3.10 billion$3.11 billion        
7/20/2021Q2 2021$1.74$2.00+$0.26$1.77$2.98 billion$3.01 billion        
4/22/2021Q1 2021$1.18$1.48+$0.30$1.33$2.67 billion$2.73 billion      
1/20/2021Q4 2020$1.13$1.29+$0.16$1.22$2.55 billion$2.62 billion      
10/22/2020Q3 2020$0.76$0.93+$0.17$0.84$2.36 billion$2.31 billion      
7/28/2020Q2 2020$1.20$1.20-$1.56$2.62 billion$2.52 billion      
4/22/2020Q1 2020$1.19$1.38+$0.19$1.36$2.64 billion$2.72 billion      
2/4/2020Q2 2020$1.32$1.35+$0.03$1.30$2.73 billion$2.70 billion      
11/1/2019Q1 2020$1.00$1.03+$0.03$1.32$2.57 billion$2.58 billion      

Seagate Technology Earnings - Frequently Asked Questions

When is Seagate Technology's earnings date?

Seagate Technology has not confirmed its next earnings publication date, but the company's estimated earnings date is Thursday, October 24th, 2024 based off last year's report dates. Learn more on STX's earnings history.

What guidance has Seagate Technology issued on next quarter's earnings?

Seagate Technology issued an update on its first quarter 2025 earnings guidance on Tuesday, July, 23rd. The company provided earnings per share (EPS) guidance of 1.200-1.600 for the period, compared to the consensus earnings per share estimate of 1.160. The company issued revenue guidance of $2.0 billion-$2.3 billion, compared to the consensus revenue estimate of $2.1 billion.

Did Seagate Technology beat their earnings estimates last quarter?

In the previous quarter, Seagate Technology (NASDAQ:STX) reported $1.05 earnings per share (EPS) to beat the analysts' consensus estimate of $0.76 by $0.29. Learn more on analysts' earnings estimate vs. STX's actual earnings.

How can I listen to Seagate Technology's earnings conference call?

The conference call for Seagate Technology's latest earnings report can be listened to online. Listen to Conference Call

How can I read Seagate Technology's conference call transcript?

The conference call transcript for Seagate Technology's latest earnings report can be read online. Read Transcript

How much revenue does Seagate Technology generate each year?

Seagate Technology (NASDAQ:STX) has a recorded annual revenue of $6.55 billion.

How much profit does Seagate Technology generate each year?

Seagate Technology (NASDAQ:STX) has a recorded net income of $335 million. STX has generated -$1.29 earnings per share over the last four quarters.

What is Seagate Technology's EPS forecast for next year?

Seagate Technology's earnings are expected to grow from $6.72 per share to $9.95 per share in the next year, which is a 48.07% increase.


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This page (NASDAQ:STX) was last updated on 9/7/2024 by MarketBeat.com Staff

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