Western Digital: Fiscal Q2 Earnings Snapshot

Associated Press Finance
01-30

SAN JOSE, Calif. (AP) — SAN JOSE, Calif. (AP) — Western Digital Corp. (WDC) on Wednesday reported fiscal second-quarter earnings of $594 million.

On a per-share basis, the San Jose, California-based company said it had profit of $1.63. Earnings, adjusted for one-time gains and costs, came to $1.77 per share.

The results topped Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of $1.75 per share.

The maker of hard drives for businesses and personal computers posted revenue of $4.29 billion in the period, also beating Street forecasts. Four analysts surveyed by Zacks expected $4.25 billion.

For the current quarter ending in March, Western Digital expects its per-share earnings to range from 90 cents to $1.20.

The company said it expects revenue in the range of $3.75 billion to $3.95 billion for the fiscal third quarter.

_____

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on WDC at https://www.zacks.com/ap/WDC

免责声明:投资有风险,本文并非投资建议,以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请,作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考,不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证,投资者应自行研究并在投资前寻求专业建议。

热议股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10