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The headline numbers for Seagate (STX) give insight into how the company performed in the quarter ended March 2025, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Seagate (STX) came out with quarterly earnings of $1.90 per share, beating the Zacks Consensus Estimate of $1.76 per share. This compares to earnings of $0.33 per share a year ago.
Seagate Technology on Tuesday forecast fourth-quarter results above Wall Street estimates, signaling steady demand for its storage and cloud devices for mass capacity storage used in personal computers, sending the company's shares up 6% after the bell.
FREMONT, Calif.--(BUSINESS WIRE)--Seagate Technology Holdings plc (NASDAQ: STX) (the “Company” or “Seagate”), a leading innovator of mass-capacity data storage, today reported financial results for its fiscal third quarter ended March 28, 2025. "Seagate delivered another solid quarter of profitable year-on-year growth and margin expansion, elevating our non-GAAP EPS to the top of our guidance range. Our performance underscores the structural enhancements we've made to our business model and hea.
STX's fiscal third-quarter performance is likely to have gained from incremental improvements in mass capacity demand driven by nearline cloud products.
FREMONT, Calif.--(BUSINESS WIRE)--Seagate's new report highlights AI-driven data storage demand and calls for unified sustainability in data centers to balance cost and carbon.
Seagate Technology Holdings plc is expected to report $1.75 adjusted EPS on $2.14B sales, with 29% y/y growth but an 8% sequential decline. Key focus areas include HDD demand driven by AI advancements and cloud providers' capex, with potential impacts from tariff uncertainties. Seagate's HAMR technology and operational efficiencies are promising, but tariff implications could affect costs and growth outlook.
Tech is one of the best places to look for bargain-priced stocks now, because the sector has been hit so hard. The worst of the tariff storm could be behind us.
Seagate (STX) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions may not translate into further price increase in the near term.
During times of turbulence and uncertainty in the markets, many investors turn to dividend-yielding stocks. These are often companies that have high free cash flows and reward shareholders with a high dividend payout.