Headline: "Western Digital's Earnings Surpass Expectations at $0.07, But Profits Fall Short"
Western Digital (NASDAQ: WDC) reported first-quarter earnings per share of $1.78, surpassing analysts' expectations of $1.71 by $0.07. The reported revenue for this quarter was $4.1 billion, slightly below the analyst expectations of $4.11 billion.
Guidance: For the second quarter of 2025, Western Digital's earnings per share is projected to be between $1.75 and $2.05, with analyst estimates at $1.92. The revenue for the second quarter is expected to range from $4.20 billion to $4.40 billion, compared to analyst estimates of $4.34 billion.
Western Digital stock closed at $66.32, indicating a -2.84% decline over the past three months. However, the stock has gained 57.23% over the past 12 months. In the last 90 days, Western Digital has seen 8 positive and 11 negative earnings per share outcomes.
According to InvestingPro, Western Digital's financial health score is rated as "very good performance." For more details on Western Digital's latest earnings reports and financial information, you can explore additional resources to stay updated on all developments related to financial statements.