Seagate (STX) Q2 Earnings Surpass Estimates

Seagate (STX) came out with quarterly earnings of $0.12 per share, beating the Zacks Consensus Estimate of a loss of $0.07 per share. This compares to earnings of $0.16 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 271.43%. A quarter ago, it was expected that this electronic storage maker would post a loss of $0.20 per share when it actually produced a loss of $0.22, delivering a surprise of -10%.Over the last four quarters, ...