Seagate Technology (STX) Misses Q3 EPS by 5c; Guides Q4 Below Street at Midpoint

Seagate Technology (NASDAQ: STX) reported Q3 EPS of $1.81, $0.05 worse than the analyst estimate of $1.86. Revenue for the quarter came in at $2.8 billion versus the consensus estimate of $2.79 billion.

GUIDANCE:

Seagate Technology sees Q4 2022 EPS of $1.70-$2.10 ($1.90 midpoint), versus the consensus of $2.05. Seagate Technology sees Q4 2022 revenue of $2.65-2.95 billion ($2.8 billion midpoint), versus the consensus of $2.91 billion.

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

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