Seagate Technology Reports Fiscal Third Quarter 2019 Financial Results
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Seagate Technology (STX) PT Raised to $50 at RBC Capital
April 30, 2019 11:03 AM EDTRBC Capital analyst Mitch Steves raised the price target on Seagate Technology (NASDAQ: STX) to $50.00 (from $49.00) while maintaining a Sector Perform rating.
Steves noted a solid quarter highlighted by: 1) message for 2H improvement, 2) solid results despite continued CPU constraints and 3) notable opex controls to protect EPS.
... MoreSeagate Technology (STX) Tops Q3 EPS by 12c, Offers Q4 Guidance
April 30, 2019 8:03 AM EDTSeagate Technology (NASDAQ: STX) reported Q3 EPS of $0.83, $0.12 better than the analyst estimate of $0.71. Revenue for the quarter came in at $2.31 billion versus the consensus estimate of $2.32 billion.
GUIDANCE:
Seagate Technology sees Q4 2019 EPS of $0.83, versus the consensus of $0.79. Seagate... More
