Western Digital Earnings Preview
Portfolio Pulse from Benzinga Insights
Western Digital (NASDAQ:WDC) is set to release its quarterly earnings report on October 30, 2023. Analysts estimate an earnings per share (EPS) of $-1.91. The company's past performance shows a pattern of beating EPS estimates, which often leads to an increase in share price. The stock is currently trading at $38.26 and has seen a 13.65% increase over the last 52-week period.
October 27, 2023 | 3:02 pm
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POSITIVE IMPACT
Western Digital is expected to report an EPS of $-1.91 in its upcoming earnings. The company has a history of beating estimates, which could potentially lead to a positive impact on its share price.
The company's history of beating EPS estimates could lead to a positive market reaction if this trend continues. Additionally, the stock has been performing well over the past year, which could contribute to investor confidence.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100