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Seagate Technology Q1 preview: Analysts project earnings beat amid strong HDD demand
Analysts project an earnings beat for Seagate's Q1 amid strong HDD demand.
Context
What happened: Seagate Technology (STX) is scheduled to report Q1 results on October 27 after market close, with analysts expecting the company to surpass estimates and outlooks.
Key numbers: EPS expected to rise multi-fold to $7.40. Revenue seen rising 57% to $4.14B.
Why it matters: Analysts project an earnings beat amid strong HDD demand, with expectations that results and outlook will exceed estimates.
What changed
Seagate Technology (STX) is scheduled to report Q1 results on October 27 after market close, with analysts expecting the company to surpass estimates and outlooks.
Why it matters
Analysts project an earnings beat amid strong HDD demand, with expectations that results and outlook will exceed estimates.