Western Digital Corp reports results for the quarter ended June 30 - Earnings Summary

Western Digital

05/08/2026 22:02

Western Digital Corp WDC.OQ reported quarterly adjusted earnings of $3.56​​ per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of $1.66.  The mean expectation of twenty one analysts for the quarter was for earnings of $3.30 per share. Wall Street expected results to range from $3.20  to $3.60 per share.
Revenue rose 43.8% to $3.75 billion from a year ago; analysts expected $3.69 billion. 
Western Digital Corp's reported EPS for the quarter was $8.21​.
The company reported quarterly net income of $3.2 billion.
Western Digital Corp shares had fallen by 14.1% this quarter and gained 218.4% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had risen by about 0.8% in the last three months.​ 
In the last 30 days, there have been no negative revisions of earnings estimates
RECOMMENDATIONS
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 average consensus recommendation for the computer hardware peer group is also "buy" 
Wall Street's median 12-month price target for Western Digital Corp is $650.00, about 15.6% above its last closing price of $548.56
This summary was machine generated from LSEG data August 5 at 09:01 p.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
Jun. 30 2026 
3.30
3.56
Beat
Mar. 31 2026 
2.39
2.72
Beat
Dec. 31 2025 
1.92
2.13
Beat
Sep. 30 2025 
1.58
1.78
Beat