The third quarter financial results of VeriSign (NASDAQ: VRSN) will be unveiled on Thursday 24th October 2024. This eagerly awaited announcement is scheduled to occur after market close.
According to the predictions of financial experts on Wall Street, the enterprise is expected to announce an anticipated $2.01 profit per share for the quarter. Further, the firm is poised to disclose a total revenue of $390.17 million for the period.
In the corresponding quarter of the previous year, the company's earnings report revealed a per-share income of $1.83. This significant amount was attributed to the company's remarkable total revenue of $376.3 million generated during that specific period.
Wall Street analysts have unveiled their forecasts for the company's yearly performance, estimating a total revenue of $1.56 billion. Additionally, they expect the company to reach profit of $7.99 per share for the fiscal year.
| Period | EPS Actual |
EPS Growth* |
Revenue Actual |
Revenue Growth* |
|---|---|---|---|---|
| Historical Earnings Insight | ||||
| Q2 2024 | $2.01 | +12.3% | 387.10 M | +4.1% |
| Q1 2024 | $1.92 | +12.9% | 384.30 M | +5.5% |
| Q4 2023 | $1.92 | +12.9% | 380.40 M | +3.0% |
| Q3 2023 | $1.83 | +15.8% | 376.30 M | +5.4% |
| Q2 2023 | $1.79 | +16.2% | 372.00 M | +5.7% |
| *Growth on year-over-year basis | ||||
VRSN will host a conference call with investment community on 24th October 2024 at 04:30 PM eastern time to discuss the financial results.
Tuesday's trading saw VeriSign (VRSN) shares hit a low of $185.16 and a high of $187.25, with a day volume of 528.00 thousand shares. The stock closed the regular trading session at $186.89, reflecting 0.15 percent fall.
