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WDC

Western Digital Corp.

$47.71

Earnings Summary

Revenue
$4381Mn
Net Profits
$25Mn
Net Profit Margins
0.57%
PE Ratio
7.88

Highlights

Revenue:

Western Digital Corp.’s revenue jumped 5.9% since last year same period to $4381Mn in the Q1 2022. On a quarterly growth basis, Western Digital Corp. has generated -9.35% fall in its revenue since last 3-months.

Net Profits:

Western Digital Corp.’s net profit fell -87.31% since last year same period to $25Mn in the Q1 2022. On a quarterly growth basis, Western Digital Corp. has generated -95.57% fall in its net profits since last 3-months.

Net Profit Margins:

Western Digital Corp.’s net profit margin fell -88.02% since last year same period to 0.57% in the Q1 2022. On a quarterly growth basis, Western Digital Corp. has generated -95.11% fall in its net profit margins since last 3-months.

PE Ratio:

Western Digital Corp.’s price-to-earnings ratio after this Q1 2022 earnings stands at 7.88.

Earnings per share (EPS) Estimates

Earnings per share (EPS) estimates of the Western Digital Corp. post its latest quarter earnings

EPS Estimate Current Quarter
1.74
EPS Estimate Current Year
1.74

Highlights

EPS Estimate Current Quarter:

Western Digital Corp.’s earning per share (EPS) estimates for the current quarter stand at 1.74 - a 17.57% jump from last quarter’s estimates.

EPS Estimate Current Year:

Western Digital Corp.’s earning per share (EPS) estimates for the current year stand at 1.74.

Key Ratios

Key ratios of the Western Digital Corp. post its Q1 2022 earnings

Earning Per Share (EPS)
1.65
Return on Assets (ROA)
0.06
Return on Equity (ROE)
0.18
Dividend Per Share (DPS)
0

Highlights

Earning Per Share (EPS):

Western Digital Corp.’s earning per share (EPS) jumped 61.76% since last year same period to 1.65 in the Q1 2022. This indicates that the Western Digital Corp. has generated 61.76% annual rate of jump in its earning per share (EPS) in the last 4 quarters.

Return on Assets (ROA):

Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. Western Digital Corp.’s return on assets (ROA) stands at 0.06.

Earning Per Share (EPS):

The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. Western Digital Corp.’s return on equity (ROE) stands at 0.18.

Dividend Per Share (DPS):

Western Digital Corp. declared 0 dividend per share during the earnings announcement for Q1 2022.

Earnings Calendar

Earnings DateEstimated EPSReported EPSSurprise %
2022-05-04
1.48
1.65
11.49%

Company Information

Western Digital creates environments for data to thrive. As a leader in data infrastructure, the company is driving the innovation needed to help customers capture, preserve, access and transform an ever-increasing diversity of data. Everywhere data lives, from advanced data centers to mobile sensors to personal devices, our industry-leading solutions deliver the possibilities of data.

Organisation
Western Digital Corp.
Headquarters
5601 Great Oaks Parkway, San Jose, CA, United States, 95119
Employees
63800
Industry
Electronic Technology
CEO
David Goeckeler