Seagate (STX) Reports Q3 Earnings: What Key Metrics Have to Say

Seagate (STX) reported $1.66 billion in revenue for the quarter ended March 2024, representing a year-over-year decline of 11%. EPS of $0.33 for the same period compares to -$0.28 a year ago.The reported revenue compares to the Zacks Consensus Estimate of $1.67 billion, representing a surprise of -0.68%. The company delivered an EPS surprise of +22.22%, with the consensus EPS estimate being $0.27.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they ...