Western Digital Corporation. (NASDAQ:WDC ) Q2 2025 Earnings Conference Call January 29, 2025 4:30 PM ET Company Participants Peter Andrew - Vice President, Financial Planning and Analysis and Investor Relations David Goeckeler - Chief Executive Officer Wissam Jabre - Executive Vice President, Chief Financial Officer Irving Tan - Executive Vice President for Global Operations at Western Digital.
The headline numbers for Western Digital (WDC) give insight into how the company performed in the quarter ended December 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Western Digital (WDC) came out with quarterly earnings of $1.77 per share, beating the Zacks Consensus Estimate of $1.75 per share. This compares to loss of $0.69 per share a year ago.
Data storage products maker Western Digital Corp forecast third-quarter revenue below Wall Street estimates on Wednesday, as it expects decreased demand from cloud and corporate customers.
WDC's fiscal second-quarter performance is likely to have been driven by higher nearline demand amid a challenging pricing environment in the Flash business.
In the most recent trading session, Western Digital (WDC) closed at $68.63, indicating a +1.78% shift from the previous trading day.
Western Digital (WDC) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Western Digital's second-quarter fiscal 2025 revenues are expected to be at the mid-point of its previously issued guidance, but EPS is likely to hit the lower end.
Wall Street analysts rerated Western Digital Corp WDC after the company offered several updates on Thursday, including its fourth-quarter results and the departure of its CFO.
Western Digital quarterly earnings will be at the lower end of its prior guidance of between $1.75 and $2.05, the company said.
Western Digital (WDC) closed at $64.25 in the latest trading session, marking a -0.59% move from the prior day.
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