Western Digital earnings beat by $0.07, revenue fell short of estimates

investing.com 24/10/2024 - 20:08 PM

Western Digital Q1 Earnings Report

Investing.com – Western Digital (NASDAQ: WDC) reported first quarter EPS of $1.78, which is $0.07 better than the analyst estimate of $1.71. Revenue for the quarter reached $4.1B, slightly below the consensus estimate of $4.11B.

Guidance

Western Digital anticipates Q2 2025 EPS between $1.75-$2.05, compared to the analyst consensus of $1.92.

The company projects Q2 2025 revenue in the range of $4.20B-$4.40B, while the analyst consensus stands at $4.34B.

Western Digital's stock price closed at $66.32, experiencing a -2.84% decline over the past 3 months but showing an impressive 57.23% increase over the last year.

In the last 90 days, Western Digital has seen 8 positive EPS revisions and 11 negative EPS revisions. You can check Western Digital's stock price responses to earnings here.

According to InvestingPro, Western Digital's Financial Health score reflects fair performance.

Stay informed about upcoming earnings reports by visiting Investing.com's earnings calendar.




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