Seagate Technology (STX) Tops Q3 EPS by 8c, Offers Q4 Guidance

Seagate Technology (NASDAQ: STX) reported Q3 EPS of $1.38, $0.08 better than the analyst estimate of $1.30. Revenue for the quarter came in at $2.72 billion versus the consensus estimate of $2.61 billion.

GUIDANCE:

Seagate Technology sees Q4 2020 EPS of $1.28, versus the consensus of $1.29. Seagate Technology sees Q4 2020 revenue of $2.6 billion, versus the consensus of $2.57 billion.\

• Revenue of $2.6 billion, plus or minus 7%
• Non-GAAP diluted EPS of $1.28, plus or minus 10%

For earnings history and earnings-related data on Seagate Technology (STX) click here.

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