Western Digital (WDC) to Report Q2 Earnings: What to Expect

Zacks Equity Research Published on January 27, 2020

Western Digital (WDC - Free Report) is slated to report second-quarter fiscal 2020 results on Jan 30.

For the quarter, Western Digital expects revenues in the range of $3.8-$4 billion. The Zacks Consensus Estimate for revenues is currently pegged at $4.21 billion, almost flat with the year-ago reported figure.

Moreover, management projects non-GAAP earnings between 15 cents and 35 cents per share.

The consensus mark for earnings is pegged at 56 cents per share, suggesting a decline of 61.4% from the year-ago reported figure. Notably, estimates have remained stable in the past 30 days.

The company’s earnings missed the Zacks Consensus Estimate in two of the trailing four quarters while beating the same in the other two, with negative earnings surprise of 9.3%, on average.

Let’s see how things have shaped up for the upcoming announcement.

Western Digital Corporation Price and EPS Surprise

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