Western Digital WDC just disclosed its Q2 earnings on Wednesday, January 29, 2025 at 04:01 PM.
Here's a brief overview of the earnings report.
Earnings
Western Digital missed estimated earnings by -3.0%, reporting an EPS of $1.77 versus an estimate of $1.82.
Revenue was up $1.25 billion from the same period last year.
Overview of Past Earnings
Last quarter the company beat on EPS by $0.07 which was followed by a 5.0% increase in the share price the next day.
Here's a look at Western Digital's past performance:
Quarter | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 |
---|---|---|---|---|
EPS Estimate | 1.71 | 1.15 | 0.20 | -1.13 |
EPS Actual | 1.78 | 1.44 | 0.63 | -0.69 |
Revenue Estimate | 4.12B | 3.73B | 3.36B | 2.99B |
Revenue Actual | 4.09B | 3.76B | 3.46B | 3.03B |
New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).
Guidance
Western Digital management provided guidance for Q3 2025, expecting earnings between $0.9 and $1.2 per share.
To track all earnings releases for Western Digital visit their earnings calendar here.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
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