$Seagate Technology PLC(STX)$

Consensus EPS estimates fall by 27%

The consensus outlook for earnings per share (EPS) in 2023 has deteriorated.

◈2023 revenue forecast decreased from US$12.1b to US$10.9b.

◈EPS estimate also fell from US$8.54 per share to US$6.23 per share.

◈Net income forecast to shrink 22% next year vs 0.09% growth forecast for Tech industry in the US .

◈Consensus price target down from US$94.86 to US$85.67.

◈Share price fell 4.6% to US$79.80 over the past week.

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Comments

Hktee
2022-07-29
Hktee
Like and comment :)
ccy1122
2022-07-29
ccy1122
[OK] [OK] [OK] [Like] [Like] [Like]
moliya
2022-07-29
moliya
why all deteriorated
Kim Jeong 金熔
2022-07-29
Kim Jeong 金熔
Need to re-invent a New product...
Mungerism
2022-07-29
Mungerism
Thabks for sharing
SiFu
2022-07-29
SiFu
thanks for the update

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