WD-40 Co reports results for the quarter ended in May - Earnings Summary

WD-40 Co

11/07/2024 01:01

* WD-40 Co  WDFC.OQ  reported quarterly adjusted earnings of
$1.46​​ per share for the quarter ended in May, higher than the
same quarter last year, when the company reported EPS of $1.38. 
The mean expectation of two analysts for the quarter was
for earnings of $1.39 per share. Wall Street expected results to
range from $1.27  to $1.50 per share.
    * Revenue rose 9.4% to $155.05 million from a year ago;
analysts
expected $145.80 million. 
    * WD-40 Co's reported EPS for the quarter was $1.46​.
    * The company reported quarterly net income of $19.84
million.
    * WD-40 Co shares had risen by 0.6% this quarter and
lost 7.6% so
far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 1.9%
in the last three months.​ 
    * In the last 30 days, one analyst negatively revised an
earnings
estimate

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the household
products
peer group is  "hold."

Wall Street's median 12-month price target for WD-40 Co is
$284.00 
This summary was machine generated from LSEG data July 11 at
12:00 a.m. UTC. ​All figures in US dollars unless otherwise
stated. (For questions concerning the data in this report,
contact Estimates.Support@lseg.com. For any other questions or
feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 May. 31 2024      1.39           1.46           Beat
 Feb. 29 2024      1.11           1.14           Beat
 Nov. 30 2023      1.05           1.28           Beat
 Aug. 31 2023      1.21           1.21           Met