NortonLifeLock (NASDAQ:NLOK) reported its Q4 earnings results on Thursday, May 5, 2022 at 04:15 PM.
Here's what investors need to know about the announcement.
Earnings
NortonLifeLock beat estimated earnings by 2.22%, reporting an EPS of $0.46 versus an estimate of $0.45.
Revenue was up $44.00 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.01 which was followed by a 8.71% increase in the share price the next day.
Here's a look at NortonLifeLock's past performance:
| Quarter | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 |
|---|---|---|---|---|
| EPS Estimate | 0.43 | 0.42 | 0.41 | 0.38 |
| EPS Actual | 0.44 | 0.43 | 0.42 | 0.40 |
| Revenue Estimate | 700.98M | 695.30M | 685.11M | 659.96M |
| Revenue Actual | 702.00M | 692.00M | 686.00M | 672.00M |
New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).
Guidance
NortonLifeLock management provided guidance for Q1 2023, expecting earnings between $0.42 and $0.44 per share.
To track all earnings releases for NortonLifeLock visit their earnings calendar here.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
