Gen Digital GEN is slated to report second-quarter fiscal 2025 results after market close on Oct. 30.

GEN expects fiscal second-quarter non-GAAP revenues in the range of $965-$975 million. The Zacks Consensus Estimate for revenues is pegged at $968.5 million, indicating 1.4% year-over-year growth.

For the fiscal second quarter, Gen Digital expects non-GAAP earnings in the range of 53-55 cents per share. The consensus mark for the same is pegged at 54 cents per share, unchanged for the past 60 days, suggesting a year-over-year rise of 14.9%.

In the trailing four quarters, GEN’s earnings beat the Zacks Consensus Estimate once, missed once, and matched twice, with the negative average surprise being 0.02%.

Find the latest EPS estimates and surprises on Zacks Earnings Calendar.

Gen Digital Inc. Price and EPS Surprise

Gen Digital Inc. price-eps-surprise | Gen Digital Inc. Quote

Factors to Consider for GEN

Gen Digital’s second-quarter fiscal 2025 performance is likely to have benefited from the rise in the demand for cybersecurity-related products due to the immense increase in global hacking events. The company’s sustained focus on offering products that meet the consumer needs for security, identity and privacy is helping it win new clients.

The recent launch of Norton Ultra VPN offering extensive online protection, with dark web monitoring, VPN protocol support, worldwide content access and seamless customer experience might have benefited its sales in the quarter to be reported.

Our second-quarter estimate for Gen Digital’s Consumer Security segment’s revenues is pegged at $620 million, indicating a year-over-year increase of 2.7%. Our estimate of $339 million for the Identity and Information Protection division implies growth of 3.4% from the year-ago quarter.

Robust demand for identity theft protection solutions, dark web monitoring, social media monitoring, stolen wallet assistant and ID restoration is expected to have been positive for the quarter under review. The growing number of client bookings, supported by strong retention, international expansion and strategic partnerships is likely to have aided top-line growth in the fiscal second quarter.

Nevertheless, GEN’s fiscal second-quarter performance is likely to have been hurt by softening IT spending. Still-high interest rates and protracted inflationary conditions are expected to have hurt consumer spending. Meanwhile, enterprises are postponing their large IT spending plans due to a weakening global economy amid ongoing macroeconomic and geopolitical issues.