Factors to Note Ahead of Seagate's (STX) Q4 Earnings Release

Seagate Technology Holdings plc (STX) is scheduled to report fourth-quarter fiscal 2024 earnings on Jul 23.The Zacks Consensus Estimate for the earnings is pegged at 75 cents per share. STX reported a loss of 18 cents per share in the prior-year quarter. The consensus estimate for revenues is pegged at $1.86 billion, suggesting an increase of 16.1% from a year ago levels.Management anticipates fourth-quarter fiscal 2024 revenues to be $1.85 billion (+/- $150 million). Non-GAAP earnings are expected to be 70 ...