Seagate (STX) Tops Q4 Earnings and Revenue Estimates

Core Insights - Seagate reported quarterly earnings of $2.59 per share, exceeding the Zacks Consensus Estimate of $2.46 per share, and showing significant growth from $1.05 per share a year ago, resulting in an earnings surprise of +5.28% [1] - The company achieved revenues of $2.44 billion for the quarter ended June 2025, surpassing the Zacks Consensus Estimate by 1.61% and increasing from $1.89 billion year-over-year [2] - Seagate's stock has increased by approximately 74.3% since the beginning of the year, significantly outperforming the S&P 500's gain of 8.6% [3] Earnings Outlook - The future performance of Seagate's stock will largely depend on management's commentary during the earnings call and the company's earnings outlook, including current consensus earnings expectations for upcoming quarters [4] - The current consensus EPS estimate for the next quarter is $2.26 on revenues of $2.48 billion, and for the current fiscal year, it is $10.06 on revenues of $9.9 billion [7] Industry Context - The Computer - Integrated Systems industry, to which Seagate belongs, is currently ranked in the top 17% of over 250 Zacks industries, indicating a favorable outlook for stocks within this sector [8] - Empirical research suggests a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can be tracked using tools like the Zacks Rank [5][6]