WDC Post-ER Charts
Western Digital earnings fall by more than 40%
Western Digital Corp. (WDC) on Thursday reported a fiscal fourth-quarter profit of $158 million, or 67 cents a share, on revenue of $2.4 billion, compared with earnings of $265 million, or $1.13 a share, on $2.38 billion in sales in the year-ago quarter. Excluding $35 million in expenses related to Western Digital's acquisition of Hitachi Global Storage Technologies, Western Digital would have earned $193 million, or 81 cents a share. Analysts surveyed by FactSet Research had forecast Western Digital to earn 68 cents a share on $2.3 billion in revenue.
As of 7-22-2011
Western Digital earnings fall by more than 40%
Western Digital Corp. (WDC) on Thursday reported a fiscal fourth-quarter profit of $158 million, or 67 cents a share, on revenue of $2.4 billion, compared with earnings of $265 million, or $1.13 a share, on $2.38 billion in sales in the year-ago quarter. Excluding $35 million in expenses related to Western Digital's acquisition of Hitachi Global Storage Technologies, Western Digital would have earned $193 million, or 81 cents a share. Analysts surveyed by FactSet Research had forecast Western Digital to earn 68 cents a share on $2.3 billion in revenue.
As of 7-22-2011
My post is for my entertainment, do your own DD before pushing your
buy/sell buttons
Join the InvestorsHub Community
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
