Western Digital Expects Q2 Revenue Of $4.20B - $4.40B (Est $4.35B), Adj EPS Of $1.75 - $2.05 (Est $1.95)
Portfolio Pulse from Benzinga Newsdesk
Western Digital has announced its Q2 revenue expectations to be between $4.20 billion and $4.40 billion, with an estimated adjusted EPS ranging from $1.75 to $2.05. These figures are in line with market estimates of $4.35 billion in revenue and $1.95 in EPS.
October 24, 2024 | 8:14 pm
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Western Digital's Q2 revenue and EPS projections are in line with market expectations, suggesting stable financial performance.
Western Digital's revenue and EPS projections for Q2 are within the range of market estimates, indicating no significant surprises. This suggests a stable outlook for the company, which is likely to result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100