Post-earnings recap
Reported
Wed, Jul 21, 2021
Est. EPS
—
Est. revenue
—
Implied move
—
EPS beat rate
100%
Seagate Technology reported a strong earnings per share, beating expectations. However, the stock fell by 3.38% likely due to the lack of revenue figures and guidance. Investors may be concerned about the ongoing supply chain challenges mentioned by management, which could impact future performance.
| Metric | Actual | Expected | Surprise |
|---|---|---|---|
| EPS | $2.00 | N/A | +15.07% |
| Revenue | N/A | N/A | N/A |
Management expressed confidence in their product demand despite supply chain issues. They emphasized their commitment to innovation and customer satisfaction.
Management highlighted strong demand for storage solutions.
They noted ongoing supply chain challenges but maintained a positive outlook.
Focus remains on innovation and meeting customer needs.
Est. EPS
—
Est. Rev
—
Impl. Move
—