Investing.com – Seagate Co. (NASDAQ: )’s Q1 report missed analysts’ estimates with lower-than-expected revenue, according to data released Thursday.
According to the analyst consensus compiled by Seagate, Seagate’s earnings per share (EPS) were $-0.22 on revenue of $1.45B. Investing.com previously expected expectations for the upcoming release to be $-0.21 per share based on revenue of $1.53B.
Shares of Seagate fell 4.62% to $64.00 in pre-market trading. After the news of earnings report
Apart from Seagate, there are other companies too. Markets report this month’s earnings in the technology sector of the NASDAQ Stock Exchange
Microsoft previously estimated earnings of $2.99 per share on $56.5B in revenue, up from $2.65 on $54.53B in revenue.
Meanwhile, Alphabet C’s latest reported performance beat analyst forecasts. Q3 earnings were $1.55 per share on revenue of $76.69B, beating analyst estimates for 2020. Investing.com expects earnings per share to be around $1.45 based on revenue of $75.98B.
Follow the latest developments in company profits with the Investing.com Earnings Calendar
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