VeriSign, Inc reports results for the quarter ended in January - Earnings Summary
VeriSign, Inc VRSN.OQ reported quarterly adjusted earnings of $2.01 per share for the quarter ended in January, higher than the same quarter last year, when the company reported EPS of $1.79. The mean expectation of two analysts for the quarter was for earnings of $1.93 per share. Wall Street expected results to range from $1.93 to $1.94 per share.
Revenue rose 4.1% to $387.10 million from a year ago; analysts expected $385.80 million.
VeriSign, Inc's reported EPS for the quarter was $2.01.
VeriSign, Inc shares had fallen by 1.6% this quarter and lost 15.0% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had fallen by about 0.2% in the last three months.
In the last 30 days, one analyst negatively revised an earnings estimate
RECOMMENDATIONS
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 2 "strong buy" or "buy," 2 "hold" and no "sell" or "strong sell."
The average consensus recommendation for the it services & consulting peer group is also "buy"
Wall Street's median 12-month price target for VeriSign, Inc is $202.86
This summary was machine generated from LSEG data July 25 at 09:05 p.m. UTC. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)
QUARTER ENDING | ESTIMATE | ACTUAL | BEAT, MET, MISSED |
Jun. 30 2024 | 1.93 | 2.01 | Beat |
Mar. 31 2024 | 1.86 | 1.92 | Beat |
Dec. 31 2023 | 1.92 | ||
Sep. 30 2023 | 1.81 | 1.83 | Beat |
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