Symantec (SYMC) Will be Hard to Love as Transition Continues; BTIG Remains Sidelined

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Go back to Symantec (SYMC) Will be Hard to Love as Transition Continues; BTIG Remains Sidelined

Oppenheimer Remains Sidelined as Symantec (SYMC) Posts 4Q In-Line with Pre-Announcement

May 13, 2016 6:47 AM EDT

Oppenheimer maintained a Perform rating on Symantec (NASDAQ: SYMC) following the company's 4Q earnings report. As pre-announced on 4/28, SYMC posted revenues of $873M and EPS of $0.22. For F1Q17, management guided revenues of $865M-$895M and EPS of $0.24-$0.26. Oppenheimer estimates revenue of... More

Symantec (SYMC) Lowers Quarterly Dividend 50% to $0.075; 1.8% Yield

May 12, 2016 4:44 PM EDT

Symantec (NASDAQ: SYMC) declared a quarterly dividend of $0.075 per share, or $0.3 annualized. This is a 50% decrease from the prior dividend of $0.15.

The dividend will be payable on June 22, 2016, to stockholders of record on June 8, 2016, with an ex-dividend date of June 6,... More

Symantec (SYMC) Misses Q4 EPS by 1c; Q1, FY17 Guidance Flat with Views

May 12, 2016 4:39 PM EDT

Symantec (NASDAQ: SYMC) reported Q4 EPS of $0.22, $0.01 worse than the analyst estimate of $0.23. Revenue for the quarter came in at $873 million versus the consensus estimate of $878.66 million.

GUIDANCE:

Symantec sees Q1 2017 EPS of $0.24-$0.26, versus the consensus of $0.25. Symantec sees Q1... More