• Seagate Technology Holdings PLC STX.OQ reported quarterly adjusted earnings of $2.03​​ per share for the quarter ended December 31, higher than the same quarter last year, when the company reported EPS of 12 cents. The mean expectation of twenty analysts for the quarter was for earnings of $1.88 per share. Wall Street expected results to range from $1.82 to $2.00 per share.

• Revenue rose 49.5% to $2.33 billion from a year ago; analysts expected $2.32 billion.

• Seagate Technology Holdings PLC's reported EPS for the quarter was $1.55​.

• The company reported quarterly net income of $336 million.

• Seagate Technology Holdings PLC shares had risen by 13.2% this quarter.

FORECAST CHANGES

• The mean earnings estimate of analysts had risen by about 3.4% in the last three months.​

• In the last 30 days, one analyst negatively revised an earnings estimate

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 14 "strong buy" or "buy," 10 "hold" and 2 "sell" or "strong sell."

• The average consensus recommendation for the computer hardware peer group is also "buy"

Wall Street's median 12-month price target for Seagate Technology Holdings PLC is $120.00

This summary was machine generated from LSEG data January 21 at 10:37 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)