Benzinga | Jan 21, 2021 04:05PM EST

Seagate Technology Q2 Adj. EPS $1.29 Beats $1.13 Estimate, Sales $2.62B Beat $2.56B Estimate

Seagate Technology (NASDAQ:STX) reported quarterly earnings of $1.29 per share which beat the analyst consensus estimate of $1.13 by 14.16 percent. This is a 4.44 percent decrease over earnings of $1.35 per share from the same period last year. The company reported quarterly sales of $2.62 billion which beat the analyst consensus estimate of $2.56 billion by 2.46 percent. This is a 2.71 percent decrease over sales of $2.70 billion the same period last year.