Western Digital Corp expected to post earnings of $3.30 a share - Earnings Preview
Western Digital Corp expected to post earnings of $3.30 a share - Earnings Preview
Western Digital Corp WDC.OQ WDC.O is expected to show a rise in quarterly revenue when it reports results on August 5 for the period ending June 30 2026
The San Jose California-based company is expected to report a 41.7% increase in revenue to $3.692 billion from $2.61 billion a year ago, according to the mean estimate from 20 analysts, based on LSEG data. (SAL majority is based on Total Revenue)
LSEG's mean analyst estimate for Western Digital Corp is for earnings of $3.30 per share. The company's EPS guidance on April 30 2026, for the period ended June 30, was between $3.10 and $3.40
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 22 "strong buy" or "buy," 4 "hold" and no "sell" or "strong sell."
The mean earnings estimate of analysts was unchanged in the last three months.
Wall Street's median 12-month price target for Western Digital Corp is $650.00, about 23.3% above its last closing price of $527.22
The company's guidance on April 30 2026 for the period ended June 30 was for gross profit margin between USD51% and USD52%.
Previous quarterly performance (using preferred earnings measure in US dollars).
QUARTER ENDING | STARMINESMARTESTIMATE® | LSEG IBES ESTIMATE | ACTUAL | BEAT, MET, MISSED | SURPRISE % |
Mar. 31 2026 | 2.45 | 2.39 | 2.72 | Beat | 13.8 |
Dec. 31 2026 | 1.99 | 1.92 | 2.13 | Beat | 11.1 |
Sep. 30 2025 | 1.59 | 1.58 | 1.78 | Beat | 12.7 |
Jun. 30 2025 | 1.49 | 1.48 | 1.66 | Beat | 11.9 |
Mar. 31 2025 | 1.15 | 1.12 | 1.36 | Beat | 21.1 |
Dec. 31 2024 | 1.76 | 1.78 | 1.77 | Missed | -0.8 |
Sep. 30 2024 | 1.75 | 1.72 | 1.78 | Beat | 3.8 |
Jun. 30 2024 | 1.24 | 1.17 | 1.44 | Beat | 23 |
This summary was machine generated August 3 at 23:33 GMT. 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)
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