Seagate Technology Holdings plc (STX) may be a top pick for investors looking for stocks to perform well during earnings season. The company is set to release its earnings report soon and recent earnings estimate revisions indicate a potential beat.
Analysts have revised their estimates upward, indicating positive trends for the company. Currently, the Most Accurate Estimate for the current quarter is at 36 cents per share for STX, compared to a broader Zacks Consensus Estimate of 27 cents per share. This indicates that analysts have recently increased their estimates for Seagate Technology, resulting in a Zacks Earnings ESP of +32.11% heading into earnings season.
Seagate Technology Holdings PLC has a Zacks Rank #3 and a positive Earnings ESP, making it a promising option ahead of earnings. With these positive indicators, investors may want to consider adding this stock to their portfolio. Overall, Seagate Technology Holdings PLC shows signs of potential growth and a beat in the upcoming earnings report.
