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Barchart
Barchart
Kritika Sarmah

What to Expect From Seagate Technology’s Next Quarterly Earnings Report

Seagate Technology Holdings plc (STX), headquartered in Singapore, is a global data storage company specializing in mass-capacity storage solutions, with a market capitalization of approximately $183.2 billion. The company develops hard drives and advanced storage platforms for consumer, cloud, enterprise and edge markets, helping organizations manage growing data volumes fueled by AI adoption and digital transformation.

STX is set to report its Q1 earnings soon. Ahead of the release, analysts expect the company to report diluted EPS of $7.11, up a staggering 183.3% from $2.51 in the year-ago quarter. Moreover, STX has exceeded Wall Street’s EPS estimates in each of the past four quarters, highlighting its consistent earnings performance.

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