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WDC

Western Digital Corporation

$66.49

Earnings Summary

Revenue
$3457Mn
Net Profits
$135Mn
Net Profit Margins
3.91%

Highlights

Revenue:

Western Digital Corporation’s revenue jumped 23.33% since last year same period to $3457Mn in the Q1 2024. On a quarterly growth basis, Western Digital Corporation has generated 14.02% jump in its revenue since last 3-months.

Net Profits:

Western Digital Corporation’s net profit jumped 123.6% since last year same period to $135Mn in the Q1 2024. On a quarterly growth basis, Western Digital Corporation has generated 144.85% jump in its net profits since last 3-months.

Net Profit Margins:

Western Digital Corporation’s net profit margin jumped 119.14% since last year same period to 3.91% in the Q1 2024. On a quarterly growth basis, Western Digital Corporation has generated 139.34% jump in its net profit margins since last 3-months.

Earnings per share (EPS) Estimates

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

EPS Estimate Current Quarter
1.17
EPS Estimate Current Year
1.17

Highlights

EPS Estimate Current Quarter:

Western Digital Corporation’s earning per share (EPS) estimates for the current quarter stand at 1.17 - a 457.14% jump from last quarter’s estimates.

EPS Estimate Current Year:

Western Digital Corporation’s earning per share (EPS) estimates for the current year stand at 1.17.

Key Ratios

Key ratios of the Western Digital Corporation post its Q1 2024 earnings

Earning Per Share (EPS)
0.63
Return on Assets (ROA)
-0.03
Return on Equity (ROE)
-0.13

Highlights

Earning Per Share (EPS):

Western Digital Corporation’s earning per share (EPS) jumped 145.99% since last year same period to 0.63 in the Q1 2024. This indicates that the Western Digital Corporation has generated 145.99% 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 Corporation’s return on assets (ROA) stands at -0.03.

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 Corporation’s return on equity (ROE) stands at -0.13.

Earnings Calendar

Earnings DateEstimated EPSReported EPSSurprise %
2024-04-30
0.21
0.63
200%