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

Seagate Technology logo
$101.65
+1.76 (+1.76%)
(As of 11/5/2024 ET)

Seagate Technology Latest Earnings Summary

Upcoming Q2
Earnings Date
Jan. 22Estimated
Actual EPS
(Oct. 22)
$1.58 Beat By $0.28
Consensus EPS
(Oct. 22)
$1.30

Seagate Technology announced Q1 2025 earnings on October 22, 2024, reporting an EPS of $1.58, which topped the consensus estimate of $1.30 by $0.28. Quarterly revenue rose 49.1% year-over-year to $2.17 billion, above analysts' expectations of $2.13 billion. With a trailing EPS of $3.83 and a P/E Ratio of 26.54, Seagate Technology's earnings are expected to grow 42.31% next year, from $7.35 to $10.46 per share.

STX Upcoming Earnings

Seagate Technology's next earnings date is estimated for Wednesday, January 22, 2025, based off prior year's reporting schedules.

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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$1.64$1.031.400 - 1.400
Q2 20253$0.57$1.72$1.331.650 - 2.050
Q3 20253$0.75$2.16$1.56 
Q4 20253$1.42$2.61$1.95 
FY 202512$2.97$8.13$5.87 
Q1 20263$1.12$2.83$1.97 
Q2 20263$1.50$3.23$2.38 
Q3 20263$1.81$3.49$2.57 
Q4 20262$2.55$3.94$3.25 
FY 202611$6.98$13.49 $10.16

Seagate Technology Earnings History by Quarter

DateQuarterConsensus EstimateReported EPSBeat/MissGAAP EPSRevenue EstimateActual RevenueLinks
1/22/2025
(Estimated)
------- 
10/22/2024Q1 2025$1.30$1.58+$0.28$1.39$2.13B$2.17B          
7/23/2024Q4 2024$0.76$1.05+$0.29-$0.65$1.87B$1.89B        
4/23/2024Q3 2024$0.29$0.33+$0.04$0.22$1.68B$1.66B          
1/24/2024Q2 2024-$0.21-$0.02+$0.19$0.05$1.56B$1.56B    
10/26/2023Q1 2024-$0.20-$0.22 -$0.02$0.20$1.51B$1.45B        
7/26/2023Q4 2023-$0.2330-$0.18+$0.0530-$0.14$1.68B$1.60B        
4/20/2023Q3 2023$0.21-$0.28 -$0.49$1.23$1.98B$1.86B        
1/25/2023Q2 2023$0.1130$0.16+$0.0470$0.16$1.83B$1.89B          

Seagate Technology Earnings - Frequently Asked Questions

Seagate Technology has not confirmed its next earnings publication date, but the company's estimated earnings date is Wednesday, January 22nd, 2025 based off last year's report dates. Learn more on STX's earnings history.

Seagate Technology issued an update on its second quarter 2025 earnings guidance on Tuesday, October, 22nd. The company provided earnings per share guidance of 1.650-2.050 for the period, compared to the consensus earnings per share estimate of 1.480. The company issued revenue guidance of $2.2 billion-$2.5 billion, compared to the consensus revenue estimate of $2.1 billion.

In the previous quarter, Seagate Technology (NASDAQ:STX) reported $1.58 earnings per share (EPS) to beat the analysts' consensus estimate of $1.30 by $0.28. Learn more on analysts' earnings estimate vs. STX's actual earnings.

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

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

Seagate Technology's earnings report can be found in their filing with the SEC.
View SEC filing

Seagate Technology (NASDAQ:STX) has a recorded annual revenue of $7.27 billion.

Seagate Technology (NASDAQ:STX) has a recorded net income of $335 million. STX has generated $3.83 earnings per share over the last four quarters.

Seagate Technology (NASDAQ:STX) has a trailing price-to-earnings ratio of 26.54 and a forward price-to-earnings ratio of 13.83.

Seagate Technology's earnings are expected to grow from $7.35 per share to $10.46 per share in the next year, which is a 42.31% increase.

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This page (NASDAQ:STX) was last updated on 11/5/2024 by MarketBeat.com Staff
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