Alert: New Earnings Report (10/24/24)-Verisign Inc (NASDAQ: VRSN).

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For its third fiscal quarter (ending September 30), Verisign Inc (NASDAQ: VRSN) has reported a 13% increase in E.P.S. from $1.83 a year ago to $2.07 in the current quarter. E.P.S. were $8.60 for the latest four quarters through September 30 versus $7.02 for the same period a year ago — an increase of 23%.

Recent Price Action

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Verisign Inc (NASDAQ: VRSN) stock declined slightly by -0.3% on 10/24/24. The stock closed at $185.12. Trading volume in this decline was normal. The stock has performed in line with the market over the last nine months and has declined -1.0% during the last week.

Current PriceTarget Research Rating

Reflecting future returns on capital that are forecasted to fall short of the cost of capital, VRSN is expected to be a major Value Eraser.

Verisign is currently unrated.

Rating Review

The stock is currently unrated.

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