Tag: Happen

Here’s What Analysts Think Will Happen Next

It’s been a mediocre week for Seagate Technology plc (NASDAQ:STX) shareholders, with the stock dropping 10% to US$44.31 in the week since its latest full-year results. It was not a great result overall. While revenues of US$11b were in line with analyst predictions, earnings were less than expected, missing statutory estimates by 12% to hit US$3.79 per share. Following the result, the analysts have updated their earnings model, and it would be good to know whether they think there’s been a strong change in the company’s prospects, or if it’s business as usual. So we gathered the latest post-earnings forecasts

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