Seagate (STX) Q1 Earnings and Revenues Surpass Estimates

Seagate (STX) came out with quarterly earnings of $2.61 per share, beating the Zacks Consensus Estimate of $2.36 per share. This compares to earnings of $1.58 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of +10.59%. A quarter ago, it was expected that this electronic storage maker would post earnings of $2.46 per share when it actually produced earnings of $2.59, delivering a surprise of +5.28%.Over the last four quarters, the ...