SecureWorks (SCWX) Projected to Post Earnings on Thursday

SecureWorks (NASDAQ:SCWX) is expected to post its quarterly earnings results before the market opens on Thursday, March 13th. Analysts expect SecureWorks to post earnings of ($0.01) per share for the quarter.

SecureWorks (NASDAQ:SCWX) last announced its quarterly earnings results on Wednesday, December 4th. The technology company reported ($0.13) EPS for the quarter, missing analysts’ consensus estimates of ($0.10) by ($0.03). SecureWorks had a negative net margin of 25.49% and a negative return on equity of 5.71%. On average, analysts expect SecureWorks to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

SecureWorks Stock Performance

Shares of SCWX stock opened at $8.51 on Thursday. The business’s 50-day moving average price is $8.48 and its 200-day moving average price is $8.27. SecureWorks has a 12 month low of $5.61 and a 12 month high of $9.76. The firm has a market capitalization of $755.94 million, a price-to-earnings ratio of -8.60 and a beta of 0.94.

Wall Street Analysts Forecast Growth

Separately, StockNews.com initiated coverage on SecureWorks in a research note on Friday, February 28th. They set a “hold” rating on the stock.

About SecureWorks

SecureWorks Corp., through its subsidiaries, provides technology-driven information security solutions for protecting its customers in the United States and internationally. The company's solutions include software-as-a-service solutions; managed security services; and professional services, including incident response and penetration testing services.