Another Sneak Peek Into Western Digital Corporation ($WDC) Q1 Earnings

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Save the date! Thursday 24th October 2024, is when Western Digital Corporation (NASDAQ: WDC) will be sharing its eagerly awaited first quarter financial results. Investors and analysts will be able to gain valuable insights into the company's financial performance as the announcement is scheduled after market close.

Wall Street financial experts are forecasting that the establishment will announce an expected $1.71 profit per share for the quarter. Moreover, the firm is anticipated to disclose a total revenue of $4.11 billion for this specific period.

The company's yearly performance has been analyzed by Wall Street analysts, who have projected a total revenue of $17.23 billion. Moreover, they anticipate the company to disclose profit of $7.75 per share for the fiscal year.

When examining the corresponding quarter from the previous year, the company's earnings report highlighted a per-share loss of $1.76. This results was derived from the company's total revenue, which reached an impressive $2.75 billion during same quarter.

 

In addition, The firm will review the first quarter financial results on 24th October 2024 at 04:30 PM eastern time, in a conference call with public.

Western Digital Corporation (WDC) closed Tuesday's regular trading session at $67.76, indicating a 0.74 percent rise, with a volume of 6.29 million shares.