From Nasdaq: 2025-05-01 06:48:00

Gen Digital Inc. (GEN) is set to report fourth-quarter fiscal 2025 results on May 6, after market close. Expectations include non-GAAP revenues of $990-$1,005 million, with a consensus estimate of $998 million, indicating 3.2% year-over-year growth. Non-GAAP earnings are projected to be 57-59 cents per share, with the consensus at 58 cents per share, a 9.4% increase.

Factors likely to impact GEN’s Q4 results include the demand for cybersecurity products due to increasing global hacking events. The launch of Norton Small Business Premium is expected to boost sales. Expectations are for Consumer Security segment revenues of $632.9 million and Identity and Information Protection division revenues of $354 million in the fourth quarter.

While there is positive demand for identity theft protection solutions, GEN’s Q4 performance may have been impacted by declining IT spending influenced by high interest rates and inflation. Enterprises may be deferring substantial IT investments due to a challenging global economy and ongoing macroeconomic issues.

GEN’s earnings prediction does not suggest an earnings beat this time, with an Earnings ESP of -1.16% and a Zacks Rank #4 (Sell). Other stocks like BILL Holdings, Fortinet, and Advanced Micro Devices are expected to post earnings beat in their upcoming releases, with favorable combinations of elements.

Advanced Micro Devices is set to report first-quarter 2025 results on May 6, with an Earnings ESP of +0.74% and a Zacks Rank #3. The Zacks Consensus Estimate for their earnings is 93 cents per share, indicating a 50% increase from the year-ago quarter. Shares of Advanced Micro Devices have fallen by 33.4% over the past year.



Read more at Nasdaq: GEN Gears Up to Report Q4 Earnings: What’s in Store for the Stock?