Seagate (STX) Reports Q3 Earnings: What Key Metrics Have to Say

Zacks
30 Apr

For the quarter ended March 2025, Seagate (STX) reported revenue of $2.16 billion, up 30.5% over the same period last year. EPS came in at $1.90, compared to $0.33 in the year-ago quarter.

The reported revenue represents a surprise of +1.34% over the Zacks Consensus Estimate of $2.13 billion. With the consensus EPS estimate being $1.76, the EPS surprise was +7.95%.

While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.

As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.

Here is how Seagate performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:

  • Capacity Shipped - Mass Capacity: 132.9 EB versus 131.72 EB estimated by two analysts on average.
  • Capacity Shipped - Total: 143.6 EB versus the two-analyst average estimate of 140.79 EB.
  • Capacity Shipped - Legacy: 10.7 EB versus the two-analyst average estimate of 9.07 EB.
  • Revenue by Product Line- HDD- Legacy: $254 million compared to the $222.85 million average estimate based on two analysts.
  • Revenue by Product Line- HDD- Mass Capacity: $1.75 billion compared to the $1.77 billion average estimate based on two analysts.
View all Key Company Metrics for Seagate here>>>

Shares of Seagate have returned -3.3% over the past month versus the Zacks S&P 500 composite's -0.8% change. The stock currently has a Zacks Rank #4 (Sell), indicating that it could underperform the broader market in the near term.

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This article originally published on Zacks Investment Research (zacks.com).

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