On Thursday, Dec. 6, SecureWorks (NASDAQ: SCWX) will release its latest earnings report. Benzinga's outlook for SecureWorks is included in the following report.
Earnings and Revenue
Analysts are predicting SecureWorks will report a loss of 5 cents per share on revenue of $130.61 million.
In the same quarter last year, SecureWorks reported a loss per share of 6 cents on sales of $117.68 million. Sales would be up 10.99 percent on a year-over-year basis. Here's how the company's EPS has stacked up against analyst estimates in the past:
|Quarter||Q2 2019||Q1 2019||Q4 2018||Q3 2018|
For a full 12 months, the return has risen by 78.66 percent. Given that these returns are generally positive, long-term shareholders are probably relaxed going into this earnings release. Long-term shareholders are already enjoying 12-month gains prior to the announcement.
Analyst estimates are adjusted higher for EPS and revenues over the past 90 days. Analysts generally rate SecureWorks stock as Neutral. The strength of this rating has maintained conviction over the past three months.
SecureWorks is scheduled to hold a conference call at 8:00 a.m. ET and it can be accessed here: http://investors.secureworks.com/events/event-details/q3-2019-secureworks-corp-earnings-conference-call
This article was written by cool news network.