Seagate (STX) Beats Q2 Earnings and Revenue Estimates

Seagate (STX) came out with quarterly earnings of $2.03 per share, beating the Zacks Consensus Estimate of $1.88 per share. This compares to earnings of $0.12 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 7.98%. A quarter ago, it was expected that this electronic storage maker would post earnings of $1.48 per share when it actually produced earnings of $1.58, delivering a surprise of 6.76%.Over the last four quarters, the co ...