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WDC

Western Digital Corporation Earnings

$61.7

Earnings Summary

Revenue
$4095Mn
Net Profits
$493Mn
Net Profit Margins
12.04%
PE Ratio
67.65
Highlights
Revenue:

Western Digital Corporation’s revenue jumped 48.91% since last year same period to $4095Mn in the Q3 2024. On a quarterly growth basis, Western Digital Corporation has generated 8.79% jump in its revenue since last 3-months.

Net Profits:

Western Digital Corporation’s net profit jumped 171.97% since last year same period to $493Mn in the Q3 2024. On a quarterly growth basis, Western Digital Corporation has generated 49.39% jump in its net profits since last 3-months.

Net Profit Margins:

Western Digital Corporation’s net profit margin jumped 148.33% since last year same period to 12.04% in the Q3 2024. On a quarterly growth basis, Western Digital Corporation has generated 37.32% jump in its net profit margins since last 3-months.

PE Ratio:

Western Digital Corporation’s price-to-earnings ratio after this Q3 2024 earnings stands at 67.65.

Earnings per share (EPS) Estimates

Earnings per share (EPS) estimates of the Western Digital Corporation post its latest quarter earnings
EPS Estimate Current Quarter
1.91
EPS Estimate Current Year
1.91
Highlights
EPS Estimate Current Quarter:

Western Digital Corporation’s earning per share (EPS) estimates for the current quarter stand at 1.91 - a 11.05% 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 1.91.

Key Ratios

Key ratios of the Western Digital Corporation post its Q3 2024 earnings
Earning Per Share (EPS)
1.78
Return on Assets (ROA)
0.04
Return on Equity (ROE)
0.03
Highlights
Earning Per Share (EPS):

Western Digital Corporation’s earning per share (EPS) jumped 201.14% since last year same period to 1.78 in the Q3 2024. This indicates that the Western Digital Corporation has generated 201.14% 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 0.04.

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 0.03.

Earnings Calendar

Earnings DateEstimated EPSReported EPSSurprise %
2024-04-30
0.21
0.63
200%
2024-08-20
1.17
1.44
23.08%
2024-10-31
1.72
1.78
3.49%