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

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.Zacks Names #1 Semiconductor StockIt's only 1/9,000th the size of NVIDIA which skyrocketed more than +800% since we recommended it. NVIDIA is still strong, but our new top chip stock has much more room to boom.With strong earnings growth and an expanding customer base, it's positioned to feed the rampant demand for Artificial Intelligence, Machine Learning, and Internet of Things. Global semiconductor manufacturing is projected to explode from $452 billion in 2021 to $803 billion by 2028.See This Stock Now for Free >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Seagate Technology Holdings PLC (STX): Free Stock Analysis ReportThis article originally published on Zacks Investment Research (zacks.com).Zacks Investment ResearchWeiter zum vollständigen Artikel bei Zacks Weiter zum vollständigen Artikel bei Zacks