Western Digital (WDC) Reports Q4 Earnings; Stock Drops 11.7%
Published on Β· Source: finance.yahoo.com
AI Summary
Summarized by AI from the source belowWestern Digital (NASDAQ: WDC) stock fell 11.7% on Thursday morning despite beating earnings expectations. The company reported fiscal Q4 2026 earnings of $3.56 per share and sales of $3.75 billion, surpassing analyst projections of $3.29 per share and less than $3.7 billion in sales. Year-over-year sales increased by 44%, and full-year GAAP earnings rose 446%. For Q1 2027, Western Digital forecasts sales growth of at least 42%, exceeding prior analyst expectations, which is significant for investors considering entry points into the stock.
Informational only, not financial advice. Content is AI-generated and may contain errors. How this works.
About Western Digital Corporation (WDC)
Western Digital makes hard drives and flash-storage products.
The Information Technology sector covers hardware, software and semiconductor companies driving the digital economy.
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