STX Earnings

STX reported its earnings on 2026-01-27, showcasing a revenue of 2.83B against an estimate of 2.71B, resulting in a 4.24% surprise. The EPS was 3.11, surpassing the expected 2.92 by 6.51%. The stock experienced a 19.14% price change on the earnings day and a 16.46% change over the next five days, reflecting market reactions to the results.

Following STX's earnings announcement on 2026-01-27, the stock price moved by 19.14% on the day of the release. Over the subsequent five days, it saw a 16.46% change. Historically, STX's stock price tends to shift by an average of -4.87% in the 10 days leading up to earnings and 5.55% in the 10 days following, providing insight into potential market.

For 2026/Q3, analysts estimate STX's annual revenue to reach 2.74B, while the EPS is projected at 2.91. These estimates reflect recent revisions, with revenue estimates revised upward by 0.01% and EPS estimates unchanged by 0% over the past three months, indicating analyst expectation in the company's performance.

The correlation between STX's stock price and earnings forecast revisions shows that positive revisions in revenue or EPS often strengthen the stock's fundamentals. Over the past three months, revenue estimates for FY2026 were revised upward by 0.01%, while EPS estimates moved unchanged by 0%. This trend suggests that price dips could present buying opportunities for investors.

Based on historical trends, STX's stock price typically moves by -4.87% in the 10 days before its earnings and 5.55% in the 10 days after. For the upcoming 2026/Q3 earnings, analysts expect an EPS of 2.91 and revenue of 2.74B.

The earnings call presents a mixed picture. Financial performance is stable, with consistent EBITDA and net income, but same-store sales growth fell short, indicating competitive pressures. The Q&A reveals management's confidence in pricing and proprietary brands, yet they avoid specifics on sales growth, hinting at uncertainties. Shareholder returns through buybacks are positive, but lack of new services and discretionary spending softness temper enthusiasm. Overall, the sentiment is balanced, suggesting a neutral stock price movement.