Seagate Technology Holdings plc (STX) may be a promising stock for investors looking for strong performers during earnings season. The company is set to release its earnings report soon, and recent earnings estimate revisions indicate a potential earnings beat.
Analysts have revised their estimates upward, suggesting positive trends for the company. Currently, the Most Accurate Estimate for the current quarter is at 36 cents per share for STX, compared to a broader Zacks Consensus Estimate of 27 cents per share. This indicates that analysts have recently increased their estimates for Seagate Technology, resulting in a Zacks Earnings ESP of +32.11% heading into earnings season.
With a Zacks Rank #3 and a positive Earnings ESP, Seagate Technology looks promising ahead of earnings. Recent earnings estimate revisions indicate a potentially positive outcome for the company’s upcoming report. Investors may want to consider this stock as a potential option for their portfolio given the positive indicators.
Overall, Seagate Technology Holdings PLC is showing signs of potential growth and a beat in the upcoming earnings report. Investors can stay updated with the latest recommendations from Zacks Investment Research to make informed decisions about their investment strategies.
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