Western Digital (WDC) closed at $54.30 within the newest buying and selling session, marking a +1.0
Western Digital (WDC) closed at $54.30 within the newest buying and selling session, marking a +1.06% transfer from the prior day. The inventory outpaced the S&P 500’s day by day achieve of 0.01%. On the similar time, the Dow added 0.01%, and the tech-heavy Nasdaq gained 0.2%.
Coming into right now, shares of the maker of laborious drives for companies and private computer systems had gained 6.65% previously month. In that very same time, the Pc and Expertise sector gained 2.57%, whereas the S&P 500 gained 2.67%.
Buyers can be hoping for power from WDC because it approaches its subsequent earnings launch. The corporate is anticipated to report EPS of $0.57, down 60.69% from the prior-year quarter. In the meantime, the Zacks Consensus Estimate for income is projecting web gross sales of $4.21 billion, down 0.46% from the year-ago interval.
WDC’s full-year Zacks Consensus Estimates are calling for earnings of $2.56 per share and income of $16.62 billion. These outcomes would symbolize year-over-year adjustments of -47.11% and +0.29%, respectively.
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