Western Digital (NASDAQ:WDC) reported its Q2 earnings results on Thursday, January 27, 2022 at 04:01 PM.
Here's what investors need to know about the announcement.
Earnings
Western Digital beat estimated earnings by 22.99%, reporting an EPS of $2.3 versus an estimate of $1.87, which surprised analysts.
Revenue was up $890.00 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.39, which was followed by a 8.71% drop in the share price the next day.
Here's a look at Western Digital's past performance:
| Quarter | Q1 2022 | Q4 2021 | Q3 2021 | Q2 2021 |
|---|---|---|---|---|
| EPS Estimate | 2.10 | 1.49 | 0.68 | 0.54 |
| EPS Actual | 2.49 | 2.16 | 1.02 | 0.69 |
| Revenue Estimate | 4.33B | 4.53B | 3.97B | 3.87B |
| Revenue Actual | 5.05B | 4.92B | 4.14B | 3.94B |
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This article was generated by Benzinga's automated content engine and reviewed by an editor.
