Western Digital Corp <WDC.OQ> expected to post earnings of $1.13 a share - Earnings Preview

• Western Digital Corp WDC.OQ WDC.O is expected to show a fall in quarterly revenue when it reports results on April 30 for the period ending March 31 2025

• The San Jose California-based company is expected to report a 31.8% decrease in revenue to $2.359 billion from $3.46 billion a year ago, according to the mean estimate from 12 analysts, based on LSEG data.The company's guidance on January 29 2025, for the period ended March 31, was for revenue between $3.75 billion and $3.95 billion. (Sales/Revenue Majority Basis is on Total Revenue)

• ​LSEG's mean analyst estimate for Western Digital Corp is for earnings of $1.13 per share. The company's EPS guidance on January 29 2025, for the period ended March 31, was between $0.90 and $1.20

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 19 "strong buy" or "buy," 6 "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 $62.50​, above​ its last closing price of $40.78. ​​​

The company's guidance on January 29 2025 for the period ended March 31 was for gross profit margin between USD31.5% and USD33.5%.

Previous quarterly performance (using preferred earnings measure in US dollars). ​

This summary was machine generated April 28 at 12:57 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)