Symantec (SYMC) Lowers Quarterly Dividend 50% to $0.075; 1.8% Yield

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Go back to Symantec (SYMC) Lowers Quarterly Dividend 50% to $0.075; 1.8% Yield

Symantec (SYMC) Will be Hard to Love as Transition Continues; BTIG Remains Sidelined

May 13, 2016 11:21 AM EDT

BTIG affirms Symantec (NASDAQ: SYMC) with a Netural rating after the company posted Q4 results and cut its dividend late Thursday.

Analyst Joel Fishbien offered the following commentary: After Symantec downwardly revised 4Q16 guidance below the Streets expectations at the end of April, the company reported revenue and EPS in line with their outlook. Management reaffirmed their expectations for a decline in... More

Oppenheimer Remains Sidelined as Symantec (SYMC) Posts 4Q In-Line with Pre-Announcement

May 13, 2016 6:47 AM EDT

Oppenheimer maintained a Perform rating on Symantec (NASDAQ: SYMC) following the company's 4Q earnings report. As pre-announced on 4/28, SYMC posted revenues of $873M and EPS of $0.22. For F1Q17, management guided revenues of $865M-$895M and EPS of $0.24-$0.26. Oppenheimer estimates revenue of... More

Symantec (SYMC) Misses Q4 EPS by 1c; Q1, FY17 Guidance Flat with Views

May 12, 2016 4:39 PM EDT

Symantec (NASDAQ: SYMC) reported Q4 EPS of $0.22, $0.01 worse than the analyst estimate of $0.23. Revenue for the quarter came in at $873 million versus the consensus estimate of $878.66 million.

GUIDANCE:

Symantec sees Q1 2017 EPS of $0.24-$0.26, versus the consensus of $0.25. Symantec sees Q1... More

Symantec (SYMC) May weekly volatility increases into Q4 and outlook

May 12, 2016 9:15 AM EDT

Symantec (NASDAQ: SYMC) May weekly call option implied volatility is at 69, May is at 43, June is at 30; compared to its 52-week range of 20 to 161 movement into the expected release of Q4 results on May 12.

... More