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Seagate Technology · Mar/2023

STX earnings
2023-04-20

Reported EPS-0.43
Consensus EPS0.07
Earnings surprise-714.29%
Relative volume2.43×

The earnings result

Seagate Technology reported earnings on 2023-04-20 for the fiscal quarter ending Mar/2023. Reported EPS of $-0.43 compared with a consensus estimate of $0.07, a miss on the source's earnings measure.

An EPS comparison describes one part of the release. Revenue, segment performance, cash conversion, guidance and the conference-call discussion require the original company disclosures; the result alone does not establish why the stock moved.

The market response

Price baseline: report-date close; announcement time unavailable. The source does not identify whether this report was before or after trading. These are subsequent daily returns, not a verified immediate earnings reaction.

The first measured session returned -1.16% from the stated baseline. The five-session return was -0.49%, and the 20-session return was +9.93%. SPY returned +1.78% across the corresponding window. Relative volume was 2.43 times the preceding 20-session average.

This edition is a source-based earnings-result and market-response analysis. A full financial-statement and conference-call dossier is not yet attached.