Gen Digital (GEN) Beats Q1 Earnings and Revenue Estimates

Company Performance - Gen Digital reported quarterly earnings of $0.64 per share, exceeding the Zacks Consensus Estimate of $0.60 per share, and up from $0.53 per share a year ago, representing an earnings surprise of +6.67% [1] - The company posted revenues of $1.26 billion for the quarter ended June 2025, surpassing the Zacks Consensus Estimate by 6.40%, compared to revenues of $965 million in the same quarter last year [2] - Over the last four quarters, Gen Digital has surpassed consensus EPS estimates three times and topped consensus revenue estimates four times [2] Stock Performance - Gen Digital shares have increased approximately 4.8% since the beginning of the year, while the S&P 500 has gained 7.9% [3] - The current Zacks Rank for Gen Digital is 3 (Hold), indicating that the shares are expected to perform in line with the market in the near future [6] Future Outlook - The current consensus EPS estimate for the upcoming quarter is $0.62 on revenues of $1.18 billion, and for the current fiscal year, it is $2.49 on revenues of $4.78 billion [7] - The outlook for the Technology Services industry, where Gen Digital operates, is currently in the top 38% of over 250 Zacks industries, suggesting a favorable environment for performance [8]