Western Digital earnings beat by $0.20, revenue topped estimates

Investing.com – Western Digital (NASDAQ: WDC) reported third quarter EPS of $-1.37, $0.20 better than the analyst estimate of $-1.57. Revenue for the quarter came in at $2.8B versus the consensus estimate of $2.71B.

Guidance

Western Digital sees Q4 2023 EPS of $-1.90 versus the analyst consensus of $-1.21.

Western Digital sees Q4 2023 revenue of $2.40B-$2.60B versus the analyst consensus of $2.87B.

Western Digital’s stock price closed at $34.18. It is down -18.60% in the last 3 months and down -39.54% in the last 12 months.

Western Digital saw 2 positive EPS revisions and 5 negative EPS revisions in the last 90 days. See Western Digital’s stock price’s past reactions to earnings here.

According to InvestingPro, Western Digital’s Financial Health score is “fair performance”.

Check out Western Digital’s , and Western Digital’s financials here.

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