Gen Digital (GEN) Set to Post Quarterly Earnings on Wednesday

Gen Digital (NASDAQ:GEN) is expected to announce its Q2 2027 results after the market closes on Wednesday, October 28th. Analysts expect the company to announce earnings of $0.7190 per share and revenue of $1.34 billion for the quarter. Gen Digital has set its FY 2027 guidance at 2.870-2.970 EPS and its Q2 2027 guidance at 0.710-0.730 EPS. Investors may review the information on the company’s upcoming Q2 2027 earnings report for the latest details on the call scheduled for Wednesday, October 28, 2026 at 5:00 PM ET.

Gen Digital (NASDAQ:GEN) last issued its quarterly earnings results on Thursday, August 6th. The company reported $0.71 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.69 by $0.02. Gen Digital had a net margin of 20.73% and a return on equity of 55.93%. The company had revenue of $1.34 billion during the quarter, compared to analysts’ expectations of $1.31 billion. During the same period last year, the company posted $0.64 EPS. Gen Digital’s revenue was up 6.3% on a year-over-year basis. On average, analysts expect Gen Digital to post $2.66 EPS for the current fiscal year and $3.08 EPS for the next fiscal year.

Gen Digital Stock Down 1.1%

Shares of GEN traded down $0.27 during mid-day trading on Tuesday, reaching $24.14. The company had a trading volume of 141,734 shares, compared to its average volume of 7,183,465. The company has a market capitalization of $14.45 billion, a price-to-earnings ratio of 13.99, a price-to-earnings-growth ratio of 0.78 and a beta of 1.26. The company has a debt-to-equity ratio of 3.00, a quick ratio of 0.47 and a current ratio of 0.47. Gen Digital has a 52 week low of $17.78 and a 52 week high of $31.65. The firm has a 50-day moving average price of $26.68 and a 200 day moving average price of $24.40.

Gen Digital Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Wednesday, September 9th. Stockholders of record on Monday, August 17th were issued a dividend of $0.1250 per share. This represents a $0.50 dividend on an annualized basis and a dividend yield of 2.1%. The ex-dividend date of this dividend was Monday, August 17th. Gen Digital’s dividend payout ratio is presently 29.07%.

Wall Street Analysts Forecast Growth

GEN has been the topic of a number of recent analyst reports. Barclays raised their price target on shares of Gen Digital from $27.00 to $32.00 and gave the company an “equal weight” rating in a report on Friday, August 7th. Royal Bank Of Canada cut their target price on shares of Gen Digital from $26.00 to $24.00 and set a “sector perform” rating for the company in a research report on Monday, October 12th. Wall Street Zen cut shares of Gen Digital from a “buy” rating to a “hold” rating in a research note on Sunday, August 16th. Weiss Ratings raised shares of Gen Digital from a “hold (c)” rating to a “hold (c+)” rating in a research report on Friday, October 16th. Finally, Wells Fargo & Company raised their target price on Gen Digital from $22.00 to $28.00 and gave the stock an “equal weight” rating in a report on Friday, August 7th. One investment analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating and six have assigned a Hold rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and an average target price of $30.25.

Insiders Place Their Bets

In other Gen Digital news, COO Bryan Seuk Ko sold 28,248 shares of the firm’s stock in a transaction dated Friday, September 4th. The stock was sold at an average price of $30.67, for a total transaction of $866,366.16. Following the sale, the chief operating officer directly owned 744,262 shares of the company’s stock, valued at $22,826,515.54. This trade represents a 3.66% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Ondrej Vlcek sold 200,000 shares of the business’s stock in a transaction that occurred on Thursday, August 27th. The stock was sold at an average price of $30.00, for a total value of $6,000,000.00. Following the completion of the transaction, the director directly owned 3,332,904 shares in the company, valued at approximately $99,987,120. This represents a 5.66% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders sold 558,508 shares of company stock worth $16,356,093. Corporate insiders own 9.70% of the company’s stock.

About Gen Digital

Gen Digital Inc (NASDAQ: GEN) is a cybersecurity company that provides digital safety, privacy, and identity protection products for consumers. Its services are designed to help protect devices, personal information, online accounts, and digital identities from malware, fraud, identity theft, scams, and other cyber threats.

The company operates a portfolio of consumer brands that includes Norton, Avast, LifeLock, Avira, AVG, ReputationDefender, and CCleaner. Its offerings include antivirus and device security software, virtual private network services, password management, identity theft monitoring and restoration support, privacy tools, scam protection, and performance and optimization utilities.

Gen Digital serves customers internationally through direct subscriptions and distribution partnerships.