(RTTNews) – Western Digital Corp (WDC) reported earnings for its third quarter that Elevated from the identical interval final 12 months and beat the Avenue estimates.
The corporate’s earnings totaled $1.182 billion, or $3.07 per share. This compares with $153 million, or $0.42 per share, final 12 months.
Excluding objects, Western Digital Corp reported adjusted earnings of $673 million or $1.78 per share for the interval.
Analysts on common had anticipated the corporate to earn $1.58 per share. Analysts’ estimates usually exclude particular objects.
The corporate’s income for the interval rose 27.4% to $2.818 billion from $2.212 billion final 12 months.
Western Digital Corp earnings at a look (GAAP) :
-Earnings: $1.182 Bln. vs. $153 Mln. final 12 months.
-EPS: $3.07 vs. $0.42 final 12 months.
-Income: $2.818 Bln vs. $2.212 Bln final 12 months.
-Steerage:
Subsequent quarter EPS steering: $1.88 +/- $0.15
Subsequent quarter income steering: $2.9B +/- $100M
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