BusinessEarningsNews
0

Western Digital Earnings Review: Q2 Summary

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.

Overview Rating:

Speculative

Market News and Data brought to you by Benzinga APIs

More Similar Posts

Leave a Reply

Your email address will not be published. Required fields are marked *

Fill out this field
Fill out this field
Please enter a valid email address.
You need to agree with the terms to proceed