Gen Digital (GEN) Q2 Earnings and Revenues Top Estimates

Core Insights - Gen Digital (GEN) reported quarterly earnings of $0.62 per share, exceeding the Zacks Consensus Estimate of $0.61 per share, and up from $0.54 per share a year ago, representing an earnings surprise of +1.64% [1] - The company achieved revenues of $1.22 billion for the quarter ended September 2025, surpassing the Zacks Consensus Estimate by 2.30% and increasing from $975 million year-over-year [2] - Gen Digital has consistently outperformed consensus EPS and revenue estimates over the last four quarters [2] Financial Performance - The earnings surprise for the previous quarter was +6.67%, with actual earnings of $0.64 per share compared to an expected $0.60 [1] - The current consensus EPS estimate for the upcoming quarter is $0.63, with projected revenues of $1.2 billion, and for the current fiscal year, the EPS estimate is $2.53 on revenues of $4.86 billion [7] Market Position - Gen Digital shares have declined approximately 5.6% since the beginning of the year, contrasting with the S&P 500's gain of 15.6% [3] - The Zacks Rank for Gen Digital is currently 3 (Hold), indicating expected performance in line with the market in the near future [6] Industry Context - The Technology Services industry, to which Gen Digital belongs, is currently ranked in the top 38% of over 250 Zacks industries, suggesting a favorable outlook compared to lower-ranked industries [8] - Empirical research indicates a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can be tracked by investors [5]