Western Digital: Q4 Earnings Insights

 

Western Digital WDC reported its Q4 earnings results on Friday, August 5, 2022 at 08:00 AM.

Here's what investors need to know about the announcement.

Earnings

Western Digital beat estimated earnings by 5.95%, reporting an EPS of $1.78 versus an estimate of $1.68.

Revenue was down $392.00 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.24 which was followed by a 0.87% increase in the share price the next day.

Here's a look at Western Digital's past performance:

 

Quarter Q3 2022 Q2 2022 Q1 2022 Q4 2021
EPS Estimate 1.41 1.87 2.10 1.49
EPS Actual 1.65 2.30 2.49 2.16
Revenue Estimate 4.05B 4.25B 4.33B 4.53B
Revenue Actual 4.38B 4.83B 5.05B 4.92B

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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