Compared to Estimates, Seagate (STX) Q2 Earnings: A Look at Key Metrics

For the quarter ended December 2023, Seagate (STX) reported revenue of $1.56 billion, down 17.6% over the same period last year. EPS came in at$ 0.12, compared to $0.16 in the year-ago quarter.The reported revenue compares to the Zacks Consensus Estimate of$ 1.56 billion, representing a surprise of -0.29%. The company delivered an EPS surprise of +271.43%, with the consensus EPS estimate being -$0.07.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how ...