• Western Digital Corp WDC.OQ WDC.O is expected to show a rise in quarterly revenue when it reports results on January 29 for the period ending December 31 2024

• The San Jose California-based company is expected to report a 40.6% increase in revenue to $4.262 billion from $3.03 billion a year ago, according to the mean estimate from 20 analysts, based on LSEG data.The company's guidance on October 24 2024, for the period ended December 31, was for revenue between $4.20 billion and $4.40 billion. (Sales/Revenue Majority Basis is on Total Revenue)

• ​LSEG's mean analyst estimate for Western Digital Corp is for earnings of $1.78 per share. The company's EPS guidance on October 24 2024, for the period ended December 31, was between $1.75 and $2.05

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 19 "strong buy" or "buy," 8 "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 $84.50​, above​ its last closing price of $67.41. ​​​

The company's guidance on October 24 2024 for the period ended December 31 was for gross profit margin between USD37% and USD39%.

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

This summary was machine generated January 27 at 21:22 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)