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Seagate Technology (STX) Tops Q4 EPS by 3c, Revenue Beats Expectations; Guides Q1 on Call

July 20, 2011 4:02 PM EDT
Seagate Technology (NASDAQ: STX) reported Q4 adjusted EPS of $0.27, $0.03 better than the analyst estimate of $0.24. Revenue for the quarter came in at $2.86 billion versus the consensus estimate of $2.7 billion.

On its Q4 conference call, Seagate (NYSE: STX) sees Q1 adj-EPS of 29-33c, vs. the consensus of 44c. See sales of about $2.9 billion, which compares to the Street estimate of $2.84 billion.


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